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

To: gronieel who wrote (42381)	1/26/2009 12:50:10 PM
From: Kirk ©	Respond to of 42834

Speaking of amateurs, being fully invested at the top before a 50% plus bear market takes the cake for foolishness and amateurism! In this May 31, 2008 "Cassandra Rant" when the S&P500 was last at 1400, Bob Brinker told his radio audience: From tinyurl.com “What we have right in here now is evidence that the Cassandras, who earlier this year, were telling us we were in recession – right now they’ve basically – well I’ll be kind, basically, they look like fools right now. ….So what we have here basically, is an example of false prophets and it’s sad. And the reason it’s sad is the damage done. Think of the people that are looking today at the market, S&P at 1400 and they’ve been scared out of the market in the first quarter by these bears……… It’s just amazing and yet these people are out there, and these people are not happy, I’m sure, to find themselves out of a rising market since March. To find themselves looking for ever lower prices when in fact we’ve had the opposite."..

To: gronieel who wrote (42381)	1/26/2009 8:25:57 PM
From: octavian	4 Recommendations Read Replies (1) \| Respond to of 42834

"--Are you saying you NEVER (on any board or blog) said that Citigroup was "like a bond"?.." Gronieel responded: <<Octavian, Kirk has said MANY times that C is just like owning a bond...here's but one example...>> --Thank you. Actually, I never doubted you. Kirk is like the Little Boy Who Cried Wolf. He has called us "liars" so many times, we simply assume HE is lying whenever he does it. Besides, in his response to me (the one where he accepted my apology--laff), I noticed that he said you were lying, said he had "taken massive profits" on Citi, but very carefully avoided actually claiming he had NOT ever said Citi was "like a bond." He was trying to leave the impression he had never said it, without flatly denying it. Obviously, if he had never said it, he would have flatly denied it.