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

To: joefromspringfield who wrote (38993)	9/25/2008 11:07:06 AM
From: Kirk ©	Read Replies (1) \| Respond to of 42834

Bob Brinker's 2008 Market Commentary Has Brinker said anything about the markets since they were at 1400? I don't listen much during windsurfing and Cal football season but I read Honeybee's great blog for the weekly summaries. I can't recall the last time she said Brinker talked about the market. I saved this quote for reference: June 2007 with the S&P500 at 1530.62, *”We rate the stock market as attractive for purchase on any weakness that occurs in the area of the S&P500 Index mid-1400s. Above that, we recommend a dollar-cost-average approach.”* I thought he was fully invested at the top (1565) so what is the deal with an all in buy in the mid 1400s? Bob Brinker on the radio May 31, 2008 when the S&P500 was last at 1400: From tinyurl.com “What we have right in here now is evidence that the Cassandras, who earlier this year, were telling us we were in recession – right now they’ve basically – well I’ll be kind, basically, they look like fools right now. ….So what we have here basically, is an example of false prophets and it’s sad. And the reason it’s sad is the damage done. Think of the people that are looking today at the market, S&P at 1400 and they’ve been scared out of the market in the first quarter by these bears……… It’s just amazing and yet these people are out there, and these people are not happy, I’m sure, to find themselves out of a rising market since March. To find themselves looking for ever lower prices when in fact we’ve had the opposite.".. and June 2007 Marketimer: ”In our view, the valuation based secular bear market that was established following the March, 2000 closing high for the S&P500 index (1527.46) and following the January, 2000 closing high for the DJIA (11723), reached its conclusion on June 13, 2006 at the bottom of the mid-term off-presidential election year correction.”

To: joefromspringfield who wrote (38993)	9/28/2008 11:20:24 AM
From: Midwest_Investor	2 Recommendations Read Replies (2) \| Respond to of 42834

1) MI do you agree with InvesTing that we are in a bear market that Brinker fails to even admit? By definition, we are in a bear market. 20% or more drop in the SP500 from the highs. This is indeed a bear. In terms of whether or not Brinker admits this fact is impossible for me to answer. I cannot answer because I haven't heard each and every minute of his broadcast. 2) MI do you think we are likely to have a recession or do you agree with Bob Brinker that all those who are cautious are "false prophets and Cassandras" who should be embarrassed --- Bob Brinker said that with the S&P at 1420 and now it is at 1190? You think InvesTing is right or the guy you support Bob Brinker who is selling his rag to goobers and geezers is correct? I don't think it's easy to predict a recession. It's in measure of the past, and very difficult to predict. So I cannot answer whether or not a recession is likely. The final question in the set is a rhetorical and leading question, so I'll pass on it. But as a final thought, I've done very well by following Brinker's advice in the past. Sure, I lost some $$$ in the QQQ trade, but it was limited, and I got over it, and made gains elsewhere. Furthermore, I'm a long term investor. I'm looking 20 years out. I'm also adding $$$$ to my portfolio by means of a 401-K, so I'm $$$ cost averaging by the very design of the 401-K bi-weekly contribution system. So what is going on now is of little consequence in the extreme long term --- which is the only prediction I'm willing to make. I hope that helps!!!! And I hope your investments are doing well regardless of where you get your advice. Oh, and, Sorry for the late response in answering your questions!!!!!!!