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


To: Cynic 2005 who wrote (7523)9/1/1998 1:52:00 PM
From: wooden ships  Read Replies (1) | Respond to of 42834
 
MMV: I have read your post with all its links and would certainly
recommend that others here study your points, as well, drawn
from this thread and others, including the one named for you,
viz., Ask Mohan about the Market at:
Subject 10565
As an aside, the latter topic was founded on 6 Dec 1996 by a
presumed admirer of your market savvy and, thus far, has gar-
nered well over 16,000 posts.

It is often said that bulls and bears make a market. In this vein,
it would be a portentous day on this thread if post after post
here reflected a unanimity of opinion regarding matters at hand.
The philosopher writes, "Truth is where you find it," and it could
be advanced that, within the interplay of widely variant opinions
and points of view, golden grains of truth may sometimes be dis-
cerned. Hopefully, this thread will always tolerate those of differ-
ing perspectives. In any case, most would surely agree that writers
of good faith, i.e., those who honestly present their points of view
within the context of a civil discourse and the boundaries of the
"terms of use," are welcome here. You have clearly distinguished
yourself here as a writer of good faith, and your posts have not
only offered food for thought but also nourished legitimate debate
on this board with those of us who might have disagreed with you.

The following excerpts are culled from your posts, those which you
offered as links in post #7523.

12/20/96
"I think Bob made great calls on market bottoms, but I don't
think he ever did call the tops correctly."

5/20/98
"Bob's failure to see the bubble is the biggest folly in my books.
I wonder if he ever mentioned the exponential growth of the
money supply in this country....The funny thing is - Bob has ad-
mitted that he may not be able to spot a bear. While the blind
followers of his letter think he just being modest. That kind of
faith in a single person leads to a disaster... Needless to say
I am bearish on the market."

8/19/98
"So far every "buy" signal given by Bob has proven to be a real buy
opportunity. There is no question in my mind that one of these days
Bob will be caught completely off-guard and his "gift horse buy"
will turn-out to be horse manure. I mean, people will not have any
time to get out before it s a quick 30% drop from the peak. You
should then see if Bob will be treated with the same venerability
as he is now. I personally will take my hats off for Bob if he gives
a sell-signal within 10% of the peak before the bear, if and when
it arrives."



To: Cynic 2005 who wrote (7523)9/1/1998 9:28:00 PM
From: Math Junkie  Read Replies (1) | Respond to of 42834
 
Mohan, it would be interesting to know what you think of Bob's "Five root causes of a bear market."



To: Cynic 2005 who wrote (7523)9/8/1998 2:53:00 PM
From: sea_biscuit  Read Replies (2) | Respond to of 42834
 
Mohan,

That was a very informative post. Your analysis is compelling. I remember commenting about Brinker's criticism of KO in a conversation with you some months ago. There is no way that KO can take a 50% hit unless the market as a whole comes down 30% or more, i.e. it is not just KO that is overvalued; it is the whole darn market!

And yet, Brinker (and a lot of his followers) believe that they can take a few more drinks at the watering hole and leave just before the crocodiles strike! Well, looking at recent events, it is clear that they got hit the same way as the rest of them zebras and wildebeests at the water's edge! :-)

Btw, Brinker was on KGO on the evening of the 512 point drop last Monday. He was criticizing Greenspan for not lowering the interest rates! And this from the same Brinker who said Greenspan should not concern himself with the stock-market, and mind his own business of running the economy <blah blah blah>, when the latter made that "irrational exuberance" comment! Very funny and very pathetic.

I now see that Truman Bradley has made the exit at the first sign of trouble, immediately after Brinker took a wrong turn and some of the lemmings walked off the cliff. This is the fate of all market-timers -- they seem to be capable of reading the tea leaves just right, sometimes for years, watching and tweaking all the components of their "model", and then... one fine day, BAM!!!! -- they get shafted by something that they didn't take into account!

Regards,

Dipy.