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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (1148)9/24/2007 2:02:19 PM
From: samuleRead Replies (1) | Respond to of 2121
 
Kirk, first you dismiss Bob Brinker's calls as worthless because all of his subscribers are fully invested.

Now you tell us about all of these poor souls who are sitting on the sidelines as the market goes up because Brinker talked about a secular bear market in the past.

Seems like you are playing both sides of the Brinker Bashing street here.



To: Kirk © who wrote (1148)9/24/2007 3:01:54 PM
From: Math JunkieRead Replies (1) | Respond to of 2121
 
"Why should they have expected any more success from whatever model Brinker claimed to be using than the model that failed for the QQQQs that he said would rally 'up to 50% or more' well into 2001?"

Mainly because in the fifteen years it had existed (as of early 2003), whatever methodology he had been referring to as his "model" had only once been bullish when it should have been bearish, and in that case the market recovered quickly and strongly. In contrast, whatever methodology he used for the QQQQ buys was a total disaster.

One wonders why some people don't/didn't attach more significance to the differences in track record of the two methodologies.

I agree that expectations of a secular bear may have kept some people from re-entering the market in 2003, but what conclusion should we draw now, four years later? What we have now is another four years of evidence to support being fully invested when his model is bullish, regardless of anything else he says.



To: Kirk © who wrote (1148)10/3/2007 5:00:06 PM
From: sea_biscuitRespond to of 2121
 
Brinker's recent advice to someone who was retired and seeing excessive inflation was to "go back to work."

Have you noticed that the radio program is now getting more and more calls about inflation?

This past weekend, when a caller told Brinker specifically about how energy prices were causing inflation, Brinker replied with a non sequitur - that we should reduce dependency on Middle-East oil!

When the caller gave another example of inflation and said his utility bills were rising, Brinker shot back non sequitur #2 - that we have to build more power plants!

LOL