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

To: octavian who wrote (40271)	11/11/2008 10:51:27 PM
From: Midwest_Investor	4 Recommendations Respond to of 42834

<<But in the March 2003, I missed it by a few weeks and heard him berating someone for missing his call. He then said to wait until a retest before getting all in, so I felt it was not to be missed with the QQQQ. Act immediately and I did.>> --By that do you mean you waited for a retest, which never came? And did nothing? But he DID say to dollar-cost-average. Didn't you do that? Great point!!!

To: octavian who wrote (40271)	11/12/2008 12:45:33 PM
From: paulnewmanhero	1 Recommendation Read Replies (1) \| Respond to of 42834

To answer your other question, I did follow the dollar cost average after the March 03 buy. It was over a period of around 6 months and my recollection is I got prices for snp around 875-1000 give or take. For a while that was good advice but since Brinker recommended holding all the way down it now appears to have been very bad advice because we are 8 years later and I would have made a good deal more money invested in CDs earning interest all that time instead of doing the round trip. Thus any benefit to his march 2003 buy signal I think has been not only lost but worse than if you had not been in the market at all.