To: Rillinois who wrote (7627 ) 9/5/1998 9:46:00 PM From: Dogbert Read Replies (3) | Respond to of 42834
I heard the show today and was saddened when a caller mentioned that Ralph Acampora's call looked pretty good right now and BB attacked him, saying that Ralph Flip-Flop's call came out around 8500, after the market had already declined 800 points. When the caller pointed out that the market has already dropped another 1000 points, BB again went on the offensive saying he wouldn't consider it a genius call unless RFF had made it above 9000. Of course, BB would never admit that he did not make any such call at all, nor would he say that his buy call at 8650 was over 1000 points too high (to date), nor that his recommendation to buy UTEK has so far yielded significant losses, etc. My point is simply that BB is too eager to make fun of his peers whose calls are no more inaccurate than his own. BB has enough devoted mind slaves calling in every weekend to support anything he wishes to say, however, which keeps his ego inflated so he can continue to laugh at his peers whose calls are less than perfect without discussing his own imperfections. I am pretty close to tuning out on this show after many years of devoted listening. (I'm sure many will reply to this saying good riddance, we don't need anyone who questions anything he hears.) One more thing, by the way, has anyone considered that BB may steadfastly hold to his bullish view through continued declines, just as the permabears he ridiculed so long did through the bull market. Remember Joe Granville, Elaine Garzarelli, Bob Prechter, etc. So many gurus whose records were absolutely stellar, and who eventually took their followers down by steadfastly holding a view that simply proved wrong. BB is not immune from this himself.