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


To: Math Junkie who wrote (41594)12/24/2008 2:30:30 PM
From: BFree2 Recommendations  Read Replies (2) | Respond to of 42834
 
<<Personally, I am more concerned about the fact that he missed the bear market, but I agree that Brinker spins his record, and that the time to tell his listeners about U.S. Treasury backed versions of CA GO bonds was BEFORE the credit crunch>>

Diogenes would be proud. However I've noticed many of those who I would call "believers" or those who are promoting Bob Brinker claim that missing the bear market was a non event and he could not be faulted for doing so. They give various explanations of why no marketimer could have predicted a bear market. I found that ludicrous, but so be it.

However the California GO flip flop goes right to the heart of the guy. The believers cannot say that "everybody said that CA GOs were fine until last week when they said only the CA GOs with treasury backing are fine and you are on your own."

Thus I am talking about the honesty and character of the person giving the advice. It seems most beside you want to avoid admitting the obvious. And if you can't trust the guy, and he misses the biggest call in the last 70 years, of what value is he?



To: Math Junkie who wrote (41594)12/26/2008 4:13:09 PM
From: Kirk ©  Read Replies (2) | Respond to of 42834
 
I give your post a rec and commend your honesty.

It is also worth repeating:

Message #41594 from Math Junkie at 12/24/2008 2:12:03 PM

I'm not sure there are any believers on here any more. Some of Brinker's advice is good, and some is not, and I don't see how anyone could rationally dispute that.

Personally, I am more concerned about the fact that he missed the bear market, but I agree that Brinker spins his record, and that the time to tell his listeners about U.S. Treasury backed versions of CA GO bonds was BEFORE the credit crunch.