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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 (42147)1/14/2009 8:30:58 PM
From: octavian3 Recommendations  Respond to of 42834
 
math junkie said:

<<He has to decide whether to be bullish or bearish every month, and his good "guesses" may or may not be equal in number, depending on how many months he was on the right side of the market, and how many months he was on the wrong side. It's really a moot point though, because what matters is whether and to what degree a market timer is able to outperform the market.>>

--I judge him in a different way:

He helped me avoid the bear market in 2001-02.

He failed to help me in 2008, but he didn't hurt me either.
If he had retired in 2006 my results would have been the same.

Bottom line: He saved me a lot of money.

That is not even to mention the many other ways he has helped me since I first found him on the radio in early 1993.

I have been over that many times on various boards.

Bottom line: Without him, I never would have been able to retire in 2001.




To: Math Junkie who wrote (42147)1/14/2009 8:35:56 PM
From: Math Junkie  Read Replies (1) | Respond to of 42834
 
Note: My second sentence should have read:

He has to decide whether to be bullish or bearish every month, and his good and bad "guesses" may or may not be equal in number, depending on how many months he was on the right side of the market, and how many months he was on the wrong side.