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


To: Jeffrey D who wrote (1760)10/23/1998 5:50:00 AM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
Jeffrey: Nice find. I wonder when Flecenstein's final chapter will materialize according to that poster. Maybe by DOW 10,000?

No, the DOW never went over 20% but it got close at about 19.3%. And Brinker has said that he would normally go to cash in an intermediate term correction to avoid the bear. Good thing he was smart enough to realize that these were not normal times. I wonder what kind of pressure he felt from all sides to cave in and raise cash after he underestimated the correction. He has millions of common folk listening to him and I am sure the pressure was immense. He stuck to his analysis and did not cave while others were flipping and flopping.

BTW, that poster has a fundamental misuderstanding of what Brinker "market timing" represents.