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


To: Skeeter Bug who wrote (42431)1/28/2009 7:45:00 PM
From: octavian4 Recommendations  Read Replies (1) | Respond to of 42834
 
Skeeter Bug said:

<<i didn't think so, so i said that kind of rhetorically given your recent statements about not needing to be warned about a cliff you fell over.>>

--Hey, give me SOME credit! -:) At least I knew there was a cliff ahead. I didn't entirely avoid it, but I was reasonably light on stocks, and widely diversified.

As a result, I "only" lost 26.8% for 2008, which at least was less than most stock bulls.

<<while your anecdotal story may well show an increase in market money for you, most longs don't have that increase...>>

--True. I guess it helped that I haven't been DCAing into the market because I'm retired.

<< - hence the depression that sees us losing 75k jobs in a day and 500-600k jobs month after month with no end in sight.>>

--You are a very negative person! I suspect you read Fleckenstein and his ilk too much. -:) You need more variety in your reading. :)

<<yet you make fun of fleckenstein for taking much less risk than you and, just perhaps, outperforming you, too.
what makes you think fleckenstein is down since 2000? perhpas he's up more than you and he took on much less risk than you did.>>

--I criticize him because he's a permabear. Permabulls are just as ridiculous. That's why I like people like Hussman and Brinker (and Garzarelli too, for that matter). They at least look at all the available info and try their best to be bullish or bearish at the right times.