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: Alberta's Child
If I remember correctly, he issued his "sell" signal in late 1999, not early 2000.
I can't remember the exact dates...but I suspect the call was a few months before the actual
peak for stocks.
The reason I say this is I think I remember a month or two of calls from people telling
him what a fool he was to tell people to "get out".
The real, total point is this: if you'd been with Brinker for at least three or four years
before that peak, and listened to his call to exit the markets, you'd done pretty good.
Those who refused to listen and "stayed the course" are now enjoying events like Worldcom, etc.
Brinker misses some of the calls, but his overall track record is admirable.
I think the current malaise will go on at least a year more as we uncover most all
of the significant accounting/lying scandals...and find out if we've really squished the
radical Islamicists.
Oh, and at least one painful, one-day "capitulation" is probably necessary as well.
12 posted on
06/29/2002 2:10:09 PM PDT by
VOA
To: Alberta's Child
And for the eventual rally...
A few "show-trials" for the heads of Andersen Accounting, WorldCom, Enron, Global
Crossing, Xerox, and all the rest would serve notice to the captains of industry to get
their acts together.
15 posted on
06/29/2002 2:12:54 PM PDT by
VOA
To: Alberta's Child
If I remember correctly, he issued his "sell" signal in late 1999, not early 2000. I was in Turkey in late 1999, but I listened to his program at least once a week when I got back just before Christmas. I first heard his sell signal in the third week in January. The Dow and S&P 500 peaked in January, the NASDAQ continued up another 20%+ into the middle of March,
I, luckily got out the week I first heard his sell reccomendation.
I found his politics and economic theories too leftist, also. But it seems like he had a good model to see where the market was going. The original bears (not the ones that have always been bears) started chirping in 1997!
21 posted on
06/29/2002 2:27:21 PM PDT by
rohry
To: Alberta's Child
I'm a subscriber to his news letter and I checked my old letters. He was right on the money.
To: Alberta's Child
he issued his "sell" signal in late 1999He made his out call in January 2000 sometime after the middle of the month. I remember because I could not move my money after the 15th and had to wait for the 15th of February. I was sold out of stock and into a teasury fund the last day of February 2000. He called a "sreaming" buy in the very beginning of 1999 that had gotten me into the S$P tracker. I owe the guy my backside.
He's good for the broad cyclical calls. His secular bear call should be worrying especially because Buffet and others agree with it to some extent. I don't subscribe to his newsletter so I haven't participated in the good or the bad of his shorter term calls.
His main reason for getting out was that: ( to paraphrase ) Greenspan is trying to kill this market.
60 posted on
07/01/2002 3:57:22 PM PDT by
Stentor
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