One blind spot for Brinker - he doesn't call for tax cuts. I think if Bush were to push for real, REAGAN-STYLE tax cuts, we could get the market going the way RR did in the 80s.
To: churchillbuff
I managed to do a major switch of investments around the beginning of February 2000, in large part due to the information provided by Bob Brinker. For the meltdown that started in April 2000, he was pretty much on the mark.
2 posted on
06/29/2002 1:41:36 PM PDT by
Fury
To: churchillbuff
He says we're in a possible 18 year flat to bear "secular" trend.Brinker's pretty good, but he's not good enough to make this kind of prediction.
3 posted on
06/29/2002 1:45:50 PM PDT by
sinkspur
To: churchillbuff
****I think if Bush were to push for real, REAGAN-STYLE tax cuts, we could get the market going the way RR did in the 80s.****
Oh noooooooooooooo! Not the 'unbridled greed' of the eighties! ANYTHING but THAT. HEAVENS!
4 posted on
06/29/2002 1:48:42 PM PDT by
mercy
To: churchillbuff
brinker was the only guy out there telling like it is. you have to give him credit. well, i think warren buffet was bearish also, and into bonds.
5 posted on
06/29/2002 1:52:58 PM PDT by
galt-jw
To: churchillbuff
Brinker was not exactly right on target. If I remember correctly, he issued his "sell" signal in late 1999, not early 2000. I'm quite certain of this because his show was carried by a local station in the fall of 1999 but I wasn't around to hear him in 2000.
I've noticed that over the last two years he's kept pushing the date of his "call" closer to the start of the March 2000 collapse.
To: churchillbuff
I stopped listening to Brinker when he was Bradley's cheer leader and was against tax cuts.
Every so called financial expert who is a Rat voter and supporter should be forced to wear big Clinton/Gore buttons super glued on their foreheads. That would be fair warning to all who watch and listen to them.
Brinker admitted to voting for the Bent One in 1992, and I can't remember whom he voted for in 1996.
Voting for Bradley and Clinton makes him a Rat Whacko and not to be trusted.
To: churchillbuff
There are many similarities to the 1973 bear market, I think. It took twelve years to break even back then, and I wouldn't be surprised if the same happened now.
Some stocks are doing well, though. Lockheed, for instance.
8 posted on
06/29/2002 1:56:24 PM PDT by
snopercod
To: churchillbuff
I believe Brinker recommended selling when the Nasdaq was at just over 4000, and the Dow and S&P 500 were at all time highs.
Brinker then foolishly recomended investing in the QQQ's which were trading in the 80's (20-35% of portfolio) and advised to hold (now at 26+).
Brinker is a fiscal conservative and feels that tax cuts should be used to stimulate the economy. He was opposed to tax cuts at a time when economy was allready overheated and the fed was increasing rates to slow the economy.
16 posted on
06/29/2002 2:15:55 PM PDT by
caltaxed
To: churchillbuff
The thing that bothers me about this stock market advice is that it is a self-fulfilling prophecy.
If a lot of advisors start saying the market is going down and now is the time to sell, and a lot of people listen to them and start selling, then guess what?
The market is going to go down.
And of course the opposite is true for buy recommendations.
It's really all about investor confidence. If the investor is confident the market is going up, he'll buy...and the market will go up.
To: churchillbuff
More often than not, Brinker been on target the last few years but I'm always endanger of falling asleep when I listen to him even when I'm driving - "This .... is .... Mon-ey-talk ...." zzzzzz
To: churchillbuff
Everyone is over my head here, but would 50,000 in a CD at 5.10 for 5 years be stupid. Serious. Need to make a decision soon.
35 posted on
06/29/2002 10:46:05 PM PDT by
chnsmok
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