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


To: ZinDenver who wrote (40887)11/26/2008 6:28:52 PM
From: Kirk ©  Respond to of 42834
 
Kirk, I’m not exactly sure what you’re referring to with your last sentence.

This one?

Too bad he was 100% invested at the very top and may be missing MOABO.

I think David Korn "coined the term," perhaps by calling in to the show to ask Brinker about it long ago but I don't really remember other than it was a good marketing trick to keep people paying for stock market timing newsletter when Brinker said we were in an 8 to 20 year secular bear market before he changed his mind.

Brinker has lost virtually all of his credibility now, comparable to Abby Joseph Cohen. If MOABA is an acronym that Brinker coined, it should not exist any longer. Unlike his Q call, this time it will be too difficult for him to hide his mess.

I agree except I think Brinker lost all credibility with me when I learned he missed the 1987 bear market but twisted his answers to callers and had enough butt kissers on to make it sound like he was fully invested in the market since the secular bull began in 1982 or so. That and learning in the late 1990s that he hid his financial relationship with UTEK that he recommended on TV in the mid 1990s was enough for me long ago.

The path of least resistance is to format his show for monotonous talk on issues that are virtually outside the stock market, GNMA or macro economic issues. I suspect that is the direction he will engage the show.

Already started. Bobby Jr used to make it clear he was the publisher of the fixed income newsletter. He now uses the same name as Bobby Sr and Brinker accepts calls to his show praising him for his fixed income newsletter... without correcting that it is his sons. Lately I am told that all he advertises on the show.

The only occasion I foresee Brinker partially saving himself would be to have a sell call near the top of large counter trend rally which afterwards the markets sink to new lows.

He went to 100% cash in a bear market rally in 1988 after riding down the 1987 bear market. That didn't work too well so he may not want to repeat it.