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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (1137)9/22/1998 12:33:00 PM
From: marc ultra  Read Replies (1) | Respond to of 15132
 
re:Bob's timing of new high. I think Bob obviously looks at a lot of seasonal work and his expectation of a good chance of new highs by next summer goes along with something I recall him saying earlier this year which proved unfortunately all too true. I believe his statement was that historically most money was made between November and May with May to November being relatively flat or even down. Correct me if my recollection on this is wrong.

Marc



To: Justa Werkenstiff who wrote (1137)9/23/1998 12:29:00 AM
From: Lars  Respond to of 15132
 
Justa,

>>>
Excellent point. Brinker would say that these are his minimum targets. I think what makes the targets a question are not so much the targets themselves but rather the time frame. Again, it would be great if Brinker would offer some rationale for his projection time frame.
>>>
I am wondering about his rationale too. Could this just be padding so people don't follow his advice irrationally? Or, is it b/c of some concern for unforeseen variables?

I just hope he calls the top w/in 10%. At some point the bear has to awaken from its slumber.

>>>
I will, however, give Brinker high marks for stepping up to the plate on several occasions and admitting that the correction exceeded his expectations.
>>>
I agree. Not many people are that open and honest about what took place imho.

That is why so many people trust Bob. Bob is very unique in the investment world.