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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: marc ultra who wrote (6267)8/22/2011 12:01:43 AM
From: Kirk ©3 Recommendations  Read Replies (1) | Respond to of 10065
 
"Your points are tiresome,repetitive and at this point rather useless.....Thanks in good part to Bob and his model, I was able to call and participate in the massive rally off that bottom."

Well, duh.... EVERYONE who followed Brinker's advice to have 100% in equities at the very top in the mid 1500s participated in the rally from 666 unless they sold.... His advice was to stay fully invested. I find it odd you give him credit from 666 since he told his readers he was looking for a test of the low and actually took off dollar cost average and buy weakness when the market was in the 600s and 700s! He was most bullish at the top and almost bearish at the bottom with no buying at all!

I question the honesty of anyone saying Brinker helped them buy at 666 unless they used him as a contra indicator.

So nice job parsing words to make it sound like you actually got something of value.

BTW, I'm rather sick of your noise saying I am repetitive then you ignore all the evidence of others who called the cycles.

I suggest you read:

March 28, 2008: ECRI Calls it "A Recession of Choice"

April 3, 2009: ECRI Says US Business Cycle Recovery Ahead

July 21, 2009: ECRI Predicts The End of the Recession is Imminent

June 3, 2010 ECRI's Weekly Leading Index Falls Again; Economy to Slow Further in Coming Months

And just a few months ago ECRI said it was not a time to buy the dips because growth would slow. Brinker and others were still calling for a second half acceleration in GDP growth.

Now Stinker tries to make it sound like he was ahead of the curve in predicting lower growth.... Well, he was bragging about buying the dip at 1290 while ECRI was saying they would not buy the dips since the economy would slow. Now we know who the dip really is...



To: marc ultra who wrote (6267)8/22/2011 1:40:18 PM
From: joefromspringfield4 Recommendations  Respond to of 10065
 
Marc

I have always felt the reason Brinker missed the 2008 bear market was that the S&P earnings estimates he was using were too high. This morning I heard that several firms have reduced their 2011 earnings from $95 to $80. His model may be working fine but if the input is bad the results may be suspect. Too bad he never discussed why it missed in 2008. We can all learn a lot from our mistakes.



To: marc ultra who wrote (6267)8/22/2011 9:12:58 PM
From: Investor2  Read Replies (1) | Respond to of 10065
 
What do you make of the refusal of the Investors Intelligence folks to give up their bullishness?




To: marc ultra who wrote (6267)8/22/2011 9:27:07 PM
From: Investor21 Recommendation  Read Replies (3) | Respond to of 10065
 
Sentiment Survey Results as of 8/17/2011 The AAII Investor Sentiment Survey measures the percentage of individual investors who are bullish, bearish, and neutral on the stock market for the next six months; individuals are polled from the ranks of the AAII membership on a weekly basis. Only one vote per member is accepted in each weekly voting period.

Survey Results Sentiment Survey
ResultsWeek ending 8/17/2011 Data represents what direction members feel the stock market will be in the next 6 months.

Bullish 35.6%

Neutral 24.6%

Bearish 39.8%

Change from last week

Bullish: +2.1
Neutral: +2.8
Bearish: -5.0

Long-Term Average:
Bullish: 39%
Neutral: 31%
Bearish: 30%

AAII survey isn't showing extreme sentiment either.