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


To: Web$urf who wrote (40807)11/25/2008 8:50:14 AM
From: Kirk ©  Respond to of 42834
 
Will brinker be having his followers SELL anything during this market "rally"? naah, are you kiddin'? lol

At 862, the S&P futures are up about 16% from their lows.
charts.barchart.com

I believe Brinker's gift horse buy level in the mid 1400s was about 6% below the all time market highs at the time he gave it.

Do you think Brinker should tell his readers to raise cash now after riding the market down 100% invested from the top? That would tell me you expect the market to go significantly lower and there will be warning enough to get back in at a lower level with cash raised now. Not easy.

Brinker rode the 1987 bear market down fully invested then went to 100% cash after a rally of maybe 10% off the lows. That did not work out well for him as the market went up without him. I doubt he'd want to repeat that.



To: Web$urf who wrote (40807)11/25/2008 11:42:53 AM
From: Midwest_Investor2 Recommendations  Respond to of 42834
 
>>>Will brinker be having his followers SELL anything during this market "rally"? naah, are you kiddin'? lol

Well, at this point, I think it's too late to sell. best to just hang in there. Of course, It's impossible to know for sure what the future holds. We may look back at November 25, 2008, and say, "why didn't I sell when the market was only about 45% off it's highs (or whatever today's number is).

That said, some are claiming that valuations are pretty good right now.

I do know many people who would like to buy right now, but just don't have any extra cash around.

As for me, I dearly need to rebalance, but I just can't stomach selling some of my non-equiity holdings to buy more stocks. But that is how the game is played, so I better get to it :)