Bob Brinker Free Discussion Site 59,820+: Re: Re: Re: What Secular Bear Market?

» mrs1123 - Re: Re: Re: What Secular Bear Market?

Q3: "How many of Bob’s listeners did not return to fully invested in 2003 because they were not confident in his ability to call “counter trend rallies in secular bear markets?”

Answer: I didn't trust Bob's call to get back in the market because I didn't trust him after I lost money in thQQQ's's. I invested a much smaller percent than many here but still a loss is a loss. I did get out of the market fully in early 2000 because of Bob but still the trust wasn't there. Also I was waiting for MOABO. I never ever heard Bob announce MOABO was here and it was time to jump in the market. He spoke all the time about waiting for MOABO but when he said to get back in the market suddenly the term "MOABO" was forgotten. So I sat waiting for buying opportunity of a lifetime. Did MOABO come yet?

But Bob's call to return to the market didn't effect me. I was not in the S&P 500. Bob's calls apply to those in S&P 500 index funds. My mutual funds were barely effected and didn't see a 40% gain. So by not heeding Bob's call I didn't really miss out. But later in the year when the market tanked I jumped in with both feet and my funds have been on a bull run since then.

What bothers me is the way Bob is almost insulted by people who didn't listen to him and jump back in the market with his call in 2003. He almost acts like if you didn't listen to his call it is too late and you might as well stay in cash. But as we found out the market dipped again later in the year.

What I don't like is the way Bob talks in circles. From day to day I can't tell if he is bullish or bearish. Apparently we are still in a bear market that has been in a bullish trend? He is not consistent is his speech so his meaning is often lost on me. In a way Bob punishes you for not buying his newsletter. He will tell you to get back in the market on Saturday but he does not repeat the message on his Sunday show. So if you can only listen on Sunday you can easily miss a call to get back in the market or an opportunity hat he might speak of.

I was bullish up to two weeks ago but now I am ready to pull 100% out of the market.

-- posted by mrs1123