SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: rsie who wrote (4881)9/4/2009 10:25:25 PM
From: Investor2  Read Replies (2) | Respond to of 10065
 
Re: "i am getting the distinct feeling that bob is right and sy is wrong."

That's how it's been this year. Last year, I don't know. I think someone (allencoleman?) said that Sy was out of the market during a good portion of the drop. Is that correct?

Best wishes,

I2



To: rsie who wrote (4881)9/5/2009 9:49:36 AM
From: Boca_PETE  Respond to of 10065
 
I would not go so far as to give Bob a lot of credit for calling the bottom "right on the nose". Face it, he missed calling the top and road the market all the way down. As I see it, his process to re-synchronize is to stay fully invested and to hope to ride the market back up to the next top and then call that next top. As I remember, Bob has always railed at those who sell out near market bottoms.

As for Sy, his calls since May have been pretty piss poor from my viewpoint. He makes a great case for his views and provides lots of updates, but it seems that the market just does the opposite of what is logically expected. I'm in the hole on funds I invested in his recommendations since last Spring.

P



To: rsie who wrote (4881)9/5/2009 12:48:42 PM
From: Honey_Bee  Read Replies (1) | Respond to of 10065
 
rsievers said: .....he is making up for it by calling this upturn "on the nose".

Sorry rsievers, but that is a completely FALSE statement! I'm not going to waste time spelling out the FACTS for you (again), but suffice it to say that Brinker not only did NOT call the bottom, he completely missed it after having issued FOUR earlier buying opportunities in 2008. The last one was at mid-800's in February!

”In the March 5, 2009, Marketimer (S&P @ 696.33), Bob Brinker said: “Due to the fact that the November 20, 2008 S&P 500 Index closing low failed to hold during the testing process, we believe a new bottoming process will be necessary for a sustainable market advance, we need to see a sequence of events consisting of (a) the establishment of an initial closing low; (b) a short-term rally; (c) a test of the area of the initial closing low on reduced selling pressure."

The market hit bottom just FOUR DAYS later at 677.


.