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


To: Midwest_Investor who wrote (2006)3/17/2008 11:44:11 PM
From: Kirk ©Read Replies (2) | Respond to of 2121
 
" The way I look at it is if the market looked good to Bob and others in the 1400's, then it looks darn good in the 1200's. "

You'd think so, eh? I just read GS fired Abby for being as bullish as Brinker going into 2008. Neither of these "great market prognosticators" saw this coming.

For you and I, or at least me since I make no claim to predict the future other than over the very long term the market goes up, it is no big deal to be wrong but for people who are paid big bucks... Goldman gave her the axe today.

She didn't have a QQQ cover-up but I think her "flaw" for a "market prognosticator" is she had too many wrong forecasts in public that she can't sweep under the rug or blame on Bernanke not understanding inflation nor does she get away with keeping major calls off the books.

BTW, I PAY Stockcharts to make my charts. They used to give them to me for free years ago in exchange for "advertising" but they are large enough now they don't need it. I post them on some other sites, one that is for pay only, and they have started to show up in other people's blogs without attribution so I've added a bit of advertising to the charts I share for free. It is flattering when others like and use my work, but I don't like it when I don't get a link back to the source, especially for IP I pay for.