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


To: sat2000 who wrote (29211)3/15/2007 6:32:38 PM
From: stockalot  Read Replies (1) | Respond to of 42834
 
" Pretty clear to me that the vast majority would believe Bogle. "

Yes and thanks for providing the direct quote. Let's face it; if Bogle hasn't run into it in all of his years in the market...if there is not a single book in Brinker's profit center reading list that espouses marketiming like Brinker claims he does....if Bob Brinker has never given one example of a single advisor who was a good stock market timer....it is unlikely to be a strategy that is better for the users of the information than the provider.

You see the same thing in medicine all the time. There is a great claim of efficacy for some product, usually a vitamin or herb or other plant substance. But if the product is tested in blind studies it is worthless--has the same efficacy as the placebo effect.

So not a single expert or someone taking a scientific approach to the subject will sanction it's use. Many cancer treatement claims fall into this category. But the people selling the substance or nutritional supplement give glowing representations of their product, leaving out any data that makes it look ineffective.

Alas there are goobers and geezers who have used the product and for whatever reason felt it was beneficial--"the placebo effect" that will go out and proselytize for the people selling this product that they know is not beneficial as they claim.

This combination of advertising and clueless folks seeking something to believe in keeps the product on the market until regulatory rules are enforced which often never happens especially if the hype is carefully crafted by a wordsmith.