Bob Brinker Free Discussion Site 59,820+

Top 931. Jan 18, 2006 10:16 PM

» allancoleman - Re: allancoleman ytd performance

In response to Re: Re: allancoleman ytd performance posted by gabbai:

i doult we are close to an entry point for getting back into the market . market usually gives us more than one opportunity to pick a bottom .

i will probably use a combination of MACD's , a ' buy ' signal from Bob Brinker , watching the ' technical analysis ' forum for hints from those who are better traders than i am for a signal of a bottom . i'm thinking possibily something below 1245 on the S & P 500 . but i don't intend to attempt to catch a falling knife and will look for a testing of a bottom on more than one occassion before i committ my funds .

lately i've been busy converting $70k to a Roth in my Schwab account and still have an additional + $30k left to convert in my Fidelity account . then i've got to get setup to transfer most / all of my Schwab Roth money to Vanguard for a possible GNMA buy later this year . i'll buy the Vanguard GNMA in my Fidelity account as they've assured me i can get the admiral shares through them . ? ? feel like it's more important to get my Roth accounts set up for a possible fixed income buy than it is to worry with where the market is going to go right now .

if i miss this bottom , there'll be other pitches later . market has to keep throwing pitches , i don't have to swing at every one . if i don't hit this one , there'll be another later this year .

-- posted by allancoleman

Top 932. Jan 20, 2006 7:49 PM

» rasputin - How 'bout that market?

So, any guesses about what Bob'll say this weekend? Did he miss the top? Is this just noise? Hmmm. Exogenous factors? All will be known in the fullness of time.

-- posted by rasputin

Top 933. Jan 21, 2006 5:19 AM

» dukeandduke - Bob Brinker was on two weeks ago

I don't think he is retiring anytime soon. The newsletter is too profitable.

I think the market will finish down for the year and I pulled out on Wednesday after the Asian drop. Glad I did.

Time to save your dry powder for the future - I expect Bob to chime in with the same prediction very soon.

-- posted by dukeandduke

Top 934. Jan 21, 2006 6:14 AM

» rasputin - Re: Bob Brinker was on two weeks ago

In response to Bob Brinker was on two weeks ago posted by dukeandduke:

Good job. You saved a few bucks.

Kirk, I'm thinking you're probably right about the topics for this weekend.

-- posted by rasputin

Top 935. Jan 21, 2006 6:56 AM

» allancoleman - Re: Bob Brinker was on two weeks ago

In response to Bob Brinker was on two weeks ago posted by dukeandduke:

agree with you . between the newsletter and the other products bob sells on the show and web site , it's pretty good money for a few weekends a month .

not so sure about bob calling a second leg down in this secular bear market yet . but bob could very well issue a shift again from ' dollar cost adverage ' to an outright buy again if the market drops low enough in here .

congradulations on your sell on wednesday . wish i'd sold my two remaining mutual funds inside my Roth on wednesday . would have made my decision of when to sell'em in the future alot easier . they're still ahead year to date , so probably won't much matter anyway .

-- posted by allancoleman

Top 936. Jan 21, 2006 8:29 AM

» SteveT - Re: Re: Bob Brinker was on two weeks ago

In response to Re: Bob Brinker was on two weeks ago posted by allancoleman:

I suspect bob won’t retire anytime soon from the radio infomercial. That is his best way to get new customers. He has to have all the money he and three subsequent generations could spend. So for bob it is all about the challenge. Right or wrong he is set for life. To keep the money spigot at maximum he has to stay on the radio. From the looks of it his renewal rate in tiny. Many that say they value his opinion don’t pony up $185 a year for it. His best option is to continually get new subscribers to replace those that have him figured out or lose interest.

He could literally phone it in from anywhere in the world. Note the quality of the sound when he does interviews as proof. So then why does he take off so much time? Perhaps it is the always leave em wanting more attitude? Maybe he can’t think of anything new to say that week? Maybe he can’t stand the thought of another question about I-Bonds or GNMAs.

I predict one thing will get bob to hang it up. As his grandchildren get old enough to read and use the Internet he is going to want to be long forgotten. He has tons of money but I don’t think he has enough to explain away all the unflattering things about him on the Net. Yes sir, bob is about evaluating risk and taking action ahead of time to avoid damage. I don’t think he wants to risk having one or all of his grandchildren ask him about his questionable past. No amount of money could be worth that.

-- posted by SteveT

Top 937. Jan 21, 2006 9:42 AM

» pete2214 - Re: Re: How 'bout that market?

In response to Re: How 'bout that market? posted by Kirk:

It is so predictable kirk. It could be worse he could be talking about sport or politics.

-- posted by pete2214