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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 (5311)5/24/1999 9:23:00 AM
From: Ian@SI  Read Replies (2) | Respond to of 15132
 
Justa,

Do you really believe that anyone (i.e. Bob Brinker) can consistently time the market? I realize that that question is blasphemous on this thread, but I've never seen anyone successfully time it twice. ;-)

Ian.



To: Justa Werkenstiff who wrote (5311)5/24/1999 10:16:00 AM
From: Investor2  Read Replies (2) | Respond to of 15132
 
Re: "And you must realize that Bob is talking to a general audience who need an internet warning as they are clueless as can be seen by the callers who bought these shares at or near the top and invested much of their money in them."

I believe you are correct. Perhaps Bob should follow the same approach when talking about shorting SPY. The average member of his audience has no clue what the risks are for this type of trade. Based on some of the recent calls to his show, many don't even know the meaning of "shorting" or "SPIDERS." Most have no business shorting SPY without first going through a major learning process.

Best wishes,

I2



To: Justa Werkenstiff who wrote (5311)5/24/1999 10:48:00 AM
From: Allan Harris  Read Replies (2) | Respond to of 15132
 
I am not sure what sell signal you are talking about

The only Timing Model signal of any sort that I am aware of is a BUY signal circa October, 1990, at Dow 2365. The current Model, however, has been reported to be in effect since 1988, eleven years. I thought I heard him comment yesterday that about half of the Timing Model SELL signals see the market appreciate 1-2% before turning down and the other half apparently nail to the Top. So there do appear to be other signals, notably SELLS, that have occurred in either real time or on paper.

A