Bob Brinker Free Discussion Site 59,820+

Top 181. Apr 15, 2005 8:51 PM

» allancoleman - Re: BRINKER -- DRACH

In response to Re: Re: BRINKER -- DRACH posted by permabear:

i subscribe to Marketimer . bob doesn't answer questions like this in the newsletter . nor does he discuss " normal " market action like this much in the newsletter either .

in listening to bob answer questions on his radio talk show about market drops of this nature in the past , bob WOULD NOT consider this a SIGNIFICANT CORRECTION . and until we reach 10% OR MORE , i'm not sure anyone else would consider this a " significant " correction either . and bob's advice to those who are concerned about this kind of market action is that they should NOT be in the market . and bob would say that one would have to consider this as normal market risk .

and , for what it's worth smile , i agree with him . i believe the saying is , " if you can't take the heat , stay out of the kitchen " . smile . or as the sign on the lifeguard stands says here in Hawaii , " if in doult , stay out " of the ocean .

-- posted by allancoleman

Top 182. Apr 15, 2005 11:36 PM

» permabear - Re: Re: Re: Re: Re: Re: Re: Re: Lest we forget

In response to Re: Re: Re: Re: Re: Re: Re: Lest we forget posted by arommel88:

The U.S. is running massive budget and trade deficits. Japan is mired in an endless recession/deflation. Europe's economy is stagnant with unemployment running 12.5 % in Germany alone. China is growing in hyperdrive pace with a very shaky banking system. Housing prices have not only risen like gangbusters in the U.S. but around the world. In short, housing bubble. Put all this together and you have economic meldown in the works. What currency are you going to put your money in in this worldwide mess? The dollar, euro, yen, yuan? Answer: none of the above. Paper value can disintegrate as it has throughout history in many countries throughout the world. In times of trouble the only asset that has always maintained value is, you guessed it: gold.

-- posted by permabear

Top 183. Apr 16, 2005 4:55 AM

» rasputin - Re: Re: BRINKER -- DRACH

In response to Re: BRINKER -- DRACH posted by allancoleman:

Well,

In light of Bob's inclinations, I put some money back into the market yesterday and will put more in if the S&P continues to approach 1120. Again, I'm using the VTSMX. As many may know, I stayed out of the market even after Bob's last re-entry point. I'm thinking of easing back in but only up to a 50-50 allocation.

-- posted by rasputin

Top 184. Apr 16, 2005 6:06 AM

» SteveT - Re: Re: BRINKER -- DRACH

In response to Re: BRINKER -- DRACH posted by allancoleman:

alan I agree with you. In fact I wouldn’t be surprised to see bob take on this decline head on this weekend. We might even hear him say something he hasn’t said in a good long time. Nervous Nellie. smile

-- posted by SteveT

Top 185. Apr 16, 2005 8:18 AM

» allancoleman - rasputin & SteveT on bob

rasputin ,

i wouidn't be in any big hurry to throw money at the market in here just yet rasputin . last summer when bob gave a buy signal below 1100 on the S & P , it got down there 25 opportunities and at one point was at 1060 or 40 points lower than the buy level .

if you use the same logic ( ? smile ? ) this summer , the market could trade in this range here all summer and set a new low later this fall just before Sy Harding's " favorable season " starts in the late october / november time frame . there are some who think the market has already set it's high snd low for the year . why not wait for alittle better ( lower ? ? ) buying opportunity later this summer as the market continues to probe and test this new low . ? ?

SteveT ,

don't think bob's going to be a Nervous Nellie in here just yet . he could be later this summer if greenspan continues to raise rates or earnings slip or fall . ? ?

for MY money , i'll sit in my stable value fund and continue to build a " cushion " this summer and wait for some more testing of this new low in here and possibily pick a better point before the market begins it's " favorable season " later this fall . could be a long hot summer for some in the market and there is plenty of time for more " black swans " to appear . good for traders who buy and sell every swing of the market , but not my style as an investors who likes to stay on the winning and profitable side of the market for at least a couple of months .

just my opinion of course .

-- posted by allancoleman

Top 186. Apr 16, 2005 8:44 AM

» Normxxx - Re: Re: Re: Re: Re: Re: Re: Re: Re: Lest we forget

In response to Re: Re: Re: Re: Re: Re: Re: Re: Lest we forget posted by permabear:

Take a look at the German Bund versus the U.S. Treasury Bond (or versus gold) over the past 60 years or so, and I think you will have your answer. Gold will probably rise as the dollar drops-- but, so far, the gold/Euro curve is about flat and the gold/rand curve is down.

I really would like to see you try to exchange some gold coins for food at your local supermarket!

-- posted by Normxxx

Top 187. Apr 16, 2005 9:43 AM

» SCoe46 - The Brinker Fixed Income Inve$tor

Editors: Robert M. Brinker, Lisa J. Brinker. Robert J. Brinker, editor and publisher of the Marketimer Investment Letter, serves as a consultant to the Brinker Fixed Income Advi$or.
-------------------------------------------------------------------------
Who is Robert M. and Lisa J. Brinker? What are their qualifications other than apparently being related to the Bob....................................

-- posted by SCoe46

Top 188. Apr 16, 2005 10:04 AM

» GetMo - IMHO

I was 99% stocks in the Fall, up until the last day of December. I am going to look at the overall market but I feel strongly in following the statistical edge of overly weighting stocks in the fall and defensive allocation by January. We all know that most of the market meanders in the summer, so why not play the odds? Interest rates are rising but they are far from suffocating, the speculation on oil has been one major problem. What about these talking heads that have been announcing $100 dollar a barrel oil? It sounds to me like 'pumping and dumping' stocks? Like they say in Vegas, "Good luck, he,he,he"

-- posted by GetMo

Top 189. Apr 16, 2005 2:19 PM

» Choctaw - Re: Re: The Brinker Fixed Income Inve$tor

In response to Re: The Brinker Fixed Income Inve$tor posted by Kirk:

Brinker was asked several years ago if his son would take over his market letter when he retired. Brinker said his son had no interest in money management. I guess he has changed his mind.

-- posted by Choctaw