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

To: sea_biscuit who wrote (3805)	3/5/1998 10:21:00 PM
From: Gary D	Read Replies (1) \| Respond to of 42834

Re: >>>>>>anyone with a modicum of sense will say that Brinker is claiming credit for predicting the Asian crisis. . . . ------------------------------------------------- Post #4 titled "Re: Waiting for Bob's response...", dated 12/29/97, and authored by Brinkerbob: New Asia was eliminated from all Model Portfolios and the Recommended List effective July 11, 1997 at a price of $9.15 per share due to concerns about performance prospects in the Asian Theatre. ------------------------------------------------- <<<<<<<< Dippie, then, I must not have a "modicum of sense" because I assumed that while the statement about "concerns about performance prospects in the Asian Theatre" is consistent with Bob's recommendation to take money OUT of Asia (not recommend another Asia fund at that time), this is much, much, different from "claiming credit for predicting the Asian crisis". I didn't think "concerns" was equivalent to "prediciting a crisis". Maybe my logic is just terribly flawed. What a joke. Or,. . . .wait a minute . . . I think I see the light!! I'm afraid I've just been irreversibly converted by the recent series of superb, straightforward, logical posts. The fact that Brinker failed to mention the coming asian meltdown at the time of his "correct" call to bail from the asia fund PROVES that he must be simply flipping a coin, dowsing, or channeling to make his calls. His series of "correct" market calls over the years is amazing simply because the odds of this happening are so small. But it has been rigorously proven beyond a doubt in recent posts here that this was pure luck. His next market call, like all the previous, has exactly a 50% chance of being wrong. I don't believe in market timing. Thanks for helping me out.

To: sea_biscuit who wrote (3805)	3/7/1998 10:12:00 AM
From: mister topes	Respond to of 42834

Obviously Brinker had concerns about the performance prospects of New Asia in view of the fund's performance record in the period leading up to his sell recommendation last July. That would be the obvious reason for his sell recommendation as he so stated in his newsletter. That is exactly my point. Brinker recommended sale of New Asia at 9.15 last July prior to the Asian meltdown because he was concerned about the fund's performance prospects based on the way the Asian region markets were acting. Dippy, sometimes you lack of basic comprehension is very worrying.