[arete]

Well then. I guess that settles it.

Well he sure put himself out on a limb. He made his "call" on Tuesday and the S&P 500 closed at 800 that day. So far, he looks like a genius.

I'm listening to his broadcast now. The reason he gave for calling a bottom is all the negative news plus fundamental and technical analysis in his models.

Brinker is very right wing BTW, and is going off on an anti France rant. Silly.

I'm skeptical or maybe just cautious about his prediction of a 1 to 3 year stock market rally. Not unless the fix is in and he knows it which could very well be.

Richard W.

[KC_for_Freedom]

Well he sure put himself out on a limb. He made his "call" on Tuesday and the S&P 500 closed at 800 that day. So far, he looks like a genius.

Well, his subscribers received his call when the S & P was at 844. But he did call us out of the market near the top of the bubble. He saved my families retirement and my son's college education. The people I know who did not leave the market realize now that a long term bear market is the price for those years of 20 %+ growth.

Bob believes the current bull will be short lived (1-3 years) and will have to call the top as well to "beat the street". Bob has been more successful at calling bottoms than tops IMO. I am following him somewhat guardedly because he also made a QQQ call that was all wrong. (Although to his credit he advised people to hold after the call and maybe they will get their money back over the next two years.

[sourcery]

Look at the charts. Calling for a major rally right now makes just as much sense as having done so before the market opened on February 18, right afer a similar two and a half day rally. Note that Friday's close is still below the close on 18 Feb.

Of course, anything could happen. But the probabilities are that any rally from this point will not exceed 892 on the S&P 500, and even that much of a rally is very unlikely. The most likely continuation on Monday is at least a partial retracement of the recent rally, regardless of what may happen after that. Trees do not grow to the sky, and the market always takes an up-then-down (or down-then-up) path to wherever it's going. So far, the pattern of the last three years is one of lower lows and lower highs. Until that pattern is reversed, it's a bear market.

[rohry]

"Brinker is very right wing BTW, and is going off on an anti France rant. Silly."

He was going to vote for Bill Bradley in 2000. Doesn't seem very conservative to me...

F*** the French...