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


To: wurkinstiff who wrote (42614)2/18/2009 1:37:11 PM
From: Math Junkie4 Recommendations  Respond to of 42834
 
"Shorting is just what has happened to this market."

But you haven't explained why Brinker didn't recommend getting out. Your "they would have had his head on a platter" explanation just isn't plausible, because it conflicts with the fact that he reduced to 35% equities in 2000, and yet his head remained firmly attached to his shoulders.

Remember the old military saying:

"Never ascribe to malice that which can be explained by incompetence."

It just seems very bizarre to be claiming that Brinker is really a brilliant market timer, but he was holding out on his subscribers.



To: wurkinstiff who wrote (42614)2/18/2009 8:16:45 PM
From: octavian4 Recommendations  Respond to of 42834
 
This is VERY interesting. Everyone please try to follow this discussion between wurkinstiff and me:

wurkinstiff said this:

<<(Bob) Kept all of us idiots in, so the big fellows could sell short stocks. THIS IS REAL CAPITALISM AT WORK. THIS IS HOW GREAT WEALTH IS BUILT.>>

I responded thusly:

<<--That makes no sense. If Bob knew the market was going to plunge, why wouldn't he and the other "big fellows" just go short, and then he could issue his sell signal. There would have been NO motive for him not to do that, once the shorts were established. All of his subscribers selling would have only helped them.

That way, he still would have cleaned up, and he would have looked like a genius instead of an idiot.

He's 68 and near the end of the road. Do you really think he wanted to ruin his reputation for no reason?>>

------Now, after thinking about it for nearly 3 months, here is wurkinstiff's reply to me:

"Shorting is just what has happened to this market."

I just don't know how one can argue with impeccable logic like that! -:)