He'd do you guys a much bigger favor to let you know to sell at the top, instead of riding the market down like a diving submarine.
If he'd stuck with his original one-year cyclical bull market within a secular bear he'd be closer to the mark. But he got caught up in the euphoria and missed the top.
I actually couldn't listen to very much: his ego is costing his subscribers big money.
This article is a good argument for diversity in one's investment portfolio. When one is down, the other will be up.
10:02 Nikkei up 143 pts to 10,649.03 by midday break (From CBS.MarketWatch.com)
There is a subscription service for Brinker followers that will provide a description of what BB said if you missed it. (Of course you can also subscribe to BB on demand at his web site.) But I have enjoyed David Korn and he is not charging much. Here is his latest data, sent out this evening:
Hello subscribers!
Its the evening of May 17, 2004. I am adding a significant amount of
equities to my portfolio based on the market's close today. I think we are
just about done this correction. David noted that what he is doing should not be taken as advice, (I am holding.) But Brinker does think there is still some upside out there.
Here is a link to a web page run by DavidK:
Link http://www.begininvesting.com/