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


To: Kirk © who wrote (5956)7/14/1998 10:55:00 PM
From: mister topes  Read Replies (3) | Respond to of 42834
 
Lets get the record straight. Brinker recommended selling out
in 1988 above Dow 2000 and then returned to the market fully
invested by 1989 at levels approximately equal to the sellout
level plus risk free money market interest earned during the
cash reserve period. In the final analysis this was no big deal
as subscribers were fully invested for the entire ride
from Dow 2365 to the present Dow 9245 and caught every single
percentage point of the last eight years of bull market mania.
Timer Digest ranks Marketimer number one for all newsletters
followed for the six years ended June 30, 1998.



To: Kirk © who wrote (5956)7/14/1998 11:11:00 PM
From: Rillinois  Read Replies (1) | Respond to of 42834
 
Kirk,

Thank you for acknowledging that Brinker got out of the market in 1987 near or "AT THE BOTTOM" ala Her Ladyship and didn't convert to a roaring bull until 1990 ala Roaring Kansas City Joe.

Be careful though! Justa Spinninstiff might start going after your head if he finds out your posting such factual information that might not be known by all of Brinker's listeners.

Thanks again.

Best Regards.

Rillinois



To: Kirk © who wrote (5956)7/15/1998 5:14:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 42834
 
Knowing you read alot of literature, do know what Rukeyser did in 1987? He claims to be bullish for decades in his literature. I'm curious if he held thru the "Correction of 1987".

Kirk :

I remember seeing a "10th anniversary of 1987" program on PBS last year, wherein Louis Rukeyser sort of claimed that his "Wall $treet Week" program had warned people about the impending crash. As "evidence", he recapped a few program segments from that time.

It was not very convincing. Among other things, the clips showed a worried Marty Zweig expressing doubts etc. etc. But then Zweig is always worried about the market anyway! So I don't think that was any kind of signal at all. But I guess that was enough for the slick Rukeyser to claim that he made the right call!

Dipy.