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Strategies & Market Trends : Stock and Bond Market-Timing: Can it be Done? -- Ignore unavailable to you. Want to Upgrade?

To: Honey_Bee who wrote (2775)	8/11/2014 6:52:52 PM
From: Boca_PETE	1 Recommendation Recommended By Honey_Bee Respond to of 3605

Regarding August 1982, I do remember Brinker @ Dow 777 saying "now is the time to become fully invested". As I remember from the time his program started on WMCA in New York City up until August 1982, Brinker was recommending listeners dollar-cost-averaging into the market. I have no recollection during that initial period of Brinker advising listeners of any particular percentage allocation of funds already invested in the market. And he had no Marketimer newsletter during that initial period. P

To: Honey_Bee who wrote (2775)	8/12/2014 6:02:22 PM
From: Investor2	1 Recommendation Recommended By Boca_PETE Read Replies (1) \| Respond to of 3605

For the next nine years (January 1991 to January 2000), Brinker remained fully invested and made himself a legend. (Rode out the 19% selloff in 1998.) That's when I first became aware of Bob. During this time period (e.g., 1994, 1996, etc.), Bob issued a number of "Gift Horse Buying Opportunities" on market dips. It worked out VERY WELL to purchase stocks during these Gift Horse Buying Opportunities. Best wishes, I2

To: Honey_Bee who wrote (2775)	8/12/2014 10:01:01 PM
From: ETF1	4 Recommendations Recommended By Boca_PETE fred woodall Honey_Bee Kirk © Read Replies (3) \| Respond to of 3605

For the next nine years (January 1991 to January 2000), Brinker remained fully invested and made himself a legend. (Rode out the 19% selloff in 1998.) What was it that made Bob Brinker a legend during the period of 1991-2000? I can't see that he did anything so extraordinary during this period. Tons of market strategists stayed fully invested and are always fully invested. His "gift horse buying opportunities" are not impressive to me because they are made to subscribers who are already fully invested, and have no way to benefit from this advice. I can see how his sell signal in January 2000 would have made him famous. That was an excellent call. Too bad he didn't get out 100%. And getting back in the market on March 11, 2003 was quite noteworthy as well. (However, he didn't get out at the top, which I believe occurred in March 2000, nor did he get back in at the bottom, which I believe occurred in October 2002. I'm sure that many subscribers and Moneytalk listeners believe he got out at the top and got back in at the bottom). So that was Bob Brinker's moment in the sun. He made an excellent partial exit (60% sell) from the market in January 2000. He took another 5% out of the market in August 2000. He made a nice re-entry in March 2003. Excellent job. But he made a disastrous QQQ purchase, stated on SIX separate occasions, including a Special Subscriber's Bulletin and 5 issues of Marketimer, to put 20% to 50% of cash reserves into QQQ. Subscribers lost a huge amount of money on this. Then he has made over 100 bad timing errors which have cost subscribers and Moneytalk listeners in a BIG WAY, by telling subscribers to either dollar cost average when they should have instead lump summed their stock market investments all in, or worse yet, to "dollar cost average on weakness", when again investors should have made an outright market purchase. The "dollar cost average ON WEAKNESS" market calls have kept subscribers and listeners out of the stock market during one of the best bull markets in history. Subscribers and listeners with money to invest have kept their money out of the market, waiting for "weakness" that has not appeared. And when some degree of market pullback occurs, Brinker remains totally silent and never gives a clue as to whether that amount of weakness is enough to justify dollar cost averaging. His bad advice to dollar cost average during bull markets, or worse, dollar cost average on weakness, has cost subscribers a lot more than people made from his good calls in January 2000 and March 2003. Add in the disastrous "Act Immediately" QQQ purchase, and his sell signal in January 1988, and overall his market timing record has not been good. Bob Brinker does have an excellent skill, but it's not market timing. He's an excellent educator, and an excellent radio personality. He's got a great radio voice, is extremely intelligent and knowledgeable about investing, and is a very good teacher. Had he stuck to educating the public about investing on the radio, he would have done far more good than giving confusing advice about market timing. Just my opinion ETF1 Robert