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


To: sweetsue who wrote (1153)9/24/2007 2:16:41 PM
From: Boca_PETERespond to of 2121
 
Sweetie Pie,

I'm quite familiar with his record and go back a lot further than you to his first radio show in October 1981. I heard him tell investors to get 100% invested in August 1982 at DOW 777. Having that longer-term perspective makes his record look a lot better than measuring from the peak just before the market crashed in 1987 (despite the fact that the S&P500 ended UP for year 1987). WHAT EVER YOU THINK OF HIS RECORD IS YOUR BUSINESS. If you are dissatisfied with it, why obsess over the man. Just move on to following someone you have more respect for.

IT IS A DISTORTION TO SAY "...Brinker's "forecasts" are often false rather than true." I WOULD NEVER MAKE SUCH A POINT.

William Blake once noted that "the eye that alters, alters all things." This statement is very simple yet very profound in your case.

P



To: sweetsue who wrote (1153)9/24/2007 3:16:47 PM
From: Math JunkieRead Replies (3) | Respond to of 2121
 
"I think that history shows that he has been right about 50% of the time since 1987.

Hmmm, looks like history doesn't really show that:

1988-1990 Mostly wrong for three years

1991 to 2000 Right for ten years

2000 to 2003 About half right for three years

2003 to 2007 Right for four years

Looks to me like he has been right for about fifteen out of the past nineteen years. That's way more than 50%.