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Strategies & Market Trends : Stock and Bond Market-Timing: Can it be Done? -- Ignore unavailable to you. Want to Upgrade?

To: Honey_Bee who wrote (140)	1/24/2009 2:24:16 PM
From: BFree	Read Replies (2) \| Respond to of 3605

What is obvious at least to objective observers is that Bob Brinker has no more clue than any other market watcher as to the future. His hubris about calling bull and bear markets has been shown to be just that. His claim to call countertrend rallies for short term trades--total bunkum. His claim that he was a great stock picker, old Don Lane nearly broke his arm on this site bragging abouthis claimed prowess---total BS. His ability to find "bottoms" or "gift horse buying opportunities"--- 1450, 1380, low 1300s, low 1200s and now 844. If you call a bottom every 100 points or so down in the S&P, you are absolutely bound to be correct. But then again if you brag on one--it has to be to new people or stupid people you are trying to fool. Anyone else will see it for the fortune teller's game it is. I do agree that right now Pete's scenario looks the most likely. Right now our government is in total CHAOS with no real plan--just a great desire to spend a lot of money we don't have. But the truth is that none of us has a clue whether the S&P will be down another 40% this year, flat, or up 75% as it was in 1933. The problem for gullible folks is that Brinker is still pretending he can.