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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Honey_Bee who wrote (28397)2/8/2007 5:32:31 PM
From: stockalot  Read Replies (2) | Respond to of 42834
 
Great stuff on the Beehive. When did Brinker start claiming that a "secular bear market" doesn't end until the market surpasses the old highs by 10%?

Indeed for the world at large the bear would end at the lows and the bull begin. If it passes the old highs then indeed we had a two year bear market and have been in a bull market since.

I recall a long time ago that Brinker claimed that for him to be wrong the market would have to go 5% above the previous high.

Now he's moved the goal post to 10%?

What's next? 20% above the prior high?

If this bull market goes above the old highs--there was no secular bear market. There was simply a significant bear market largely due to Brinker's favorite sector's demise that bottomed out in two years and it has been straight up since. There was no "secular" bear market in that case and Brinker is once again exposed as simply a bser.

Unfortunately Brinker hung on tenaciously to the only sector that is still badly under water. Can you imagine investing a third of a portfolio in the QQQs and hiding that in your performance?



To: Honey_Bee who wrote (28397)2/8/2007 8:02:37 PM
From: dijaexyahoo  Read Replies (1) | Respond to of 42834
 
honey said:

<<Sure shres/beejive, I believe you--NOT! You just posted a (MIS) quote (read: LIED) about a post that you read there on another message board.>>

--Honey, you need to tell us what shres posted that was supposedly a lie.

Otherwise, most people (stockalot and kirk excepted) will simply conclude that shres said something you didn't like.
Then, rather than pick it apart, you simply said he lied.

That's a cheap debating tactic that might work if the audience was composed entirely of dolts.