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

To: Midwest_Investor who wrote (39128)	9/28/2008 1:25:19 PM
From: joefromspringfield	Read Replies (2) \| Respond to of 42834

Speaking of other market timers. Here what Elaine Garzarelli said on 1 August 2008 on the Nightly Business Report. GARZARELLI: The last one for aggressive clients that want to hedge. SH, is the exchange traded fund for an inverse of the S&P. So if the S&P 500 goes down 5 percent, you buy this and it will go up 5 percent. So it does the exact opposite of the S&P 500. That's for aggressive investors or to hedge in an IRA (INAUDIBLE) . Midwest investor KANGAS: That's right. It's a hedging operation, a bearish fund, really? GARZARELLI: Yes. KANGAS: OK. Do you personally only any of these "buy" recommendations Elaine? GARZARELLI: No, I don't, but I do own the SH, a short. KANGAS: Just in case, you hedge your own bets. GARZARELLI: Right.

To: Midwest_Investor who wrote (39128)	9/28/2008 7:44:47 PM
From: octavian	3 Recommendations Respond to of 42834

MI said: <<But admittedly, the question as to "why" wasn't answered (by brinker) I'd like to know "why" too. But I guess Brinker won't share this information for whatever reason.>> --I believe the reason brinker did not issue a sell signal prior to the start of the bear is pretty obvious: His model was bullish. His model had no way to account for the subprime/housing mess. Obviously, Brinker knew about the subprime stuff, but like a lot of experts, he had no idea how serious it was. Not until it was too late.