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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 (5960)7/14/1998 11:17:00 PM
From: Kirk ©  Read Replies (1) | Respond to of 42834
 
Don, I apologize if I have wrong information, but someone sent me a photo copy of the Hilbert Financial Digest dated Dec. 1996 and it says:

"The predominant factor in Brinker's track record over the last decade was his investment posture before and after the 1987 Crash. Brinker's portfolio's were fully invested during the Crash, yet several weeks after the crash he turned bearish and went to cash. The upshot was Brinker's portfolio's bore the full brunt of the crash and participated in only a minority of the stock market's recovery back to new highs."

It goes on to say the move costed about 1.7% per yr average annual return points for the decade due to the switch. Small potatoes compared to missing the great bull market as many have, but it is an interesting calculation.

I try to research who "got it right" in 1987 even if "past performance is no ......" Granted that Brinker has been King since DOW 2365 plus he has saved thousands from Sharks, just I am curious what really is the truth about 1987? It is possible someone sent me a doctored copy of Hilbert's report on Marketimer (since I write for suite101.com suite101.com and maybe someone wanted to discredit Brinker since there is a very popular discussion thread there too), but I have no way to verify my information.

best regards
Kirk out



To: mister topes who wrote (5960)7/14/1998 11:41:00 PM
From: marc ultra  Read Replies (1) | Respond to of 42834
 
Don, do you have any idea if Bob's model paid as much attention to II's sentiment readings back in the the mid 80's as they do now?

Marc



To: mister topes who wrote (5960)7/15/1998 1:28:00 AM
From: sea_biscuit  Respond to of 42834
 
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 ...

Of course it was a big deal. And the reason?

Taxes.

Dipy.