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

To: mister topes who wrote (3620)	2/24/1998 1:07:00 AM
From: Skeeter Bug	Respond to of 42834

>>As for the January prediction to expect a huge market rally to new highs in February led by large cap high tech stocks, about the only thing you can say is "how about that"! << how about that? no, how about my darling small caps that are only up slightly? ;-)

To: mister topes who wrote (3620)	2/24/1998 12:54:00 PM
From: sea_biscuit	Read Replies (2) \| Respond to of 42834

Brinker has repeatedly said on Moneytalk that "the market will do what the market will do" and therefore his forecasts are always based on probability, not certainty. Then, like the weatherman who says things like, "There is a 70% chance of rain tomorrow", Brinker also should make statements like, "There is an 85% chance of making new highs", "there is a 10% chance of a bear market" or whatever. Why doesn't he, then? Is it because if things turned out as predicted, he (and his followers) can claim that he called it absolutely right? Of course, if things turn out wrong, we now know what the explanation would be -- "After all, the forecast was based on probability", "...the market will do what the market will do"... yadda yadda yadda. Dipy.