Excerpt from: Public Comments For Critiqued/Reviewed Business Opportunities
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| July 25, 2008 | | Review by Harrier -- Person takes back comments that doubted Bob Brinker's ability to predict | | Review...
Earlier I indicated Bob Brinker missed a bear market we are in. In fact this is not true at all. We did hit a high of 13058 and now the market is at 11,345- this is only 14%. Also this board seems to bash Bob Brinker. I do agree he refuses to acknowledge clear mistakes and does not hold himself to he same standards he hold others and his Market Timer is not focused his performance.
Additionally we cannot expect Brinker to do better than the market. We appear to be in a similar mode like the 70s. Brinker cannot control that. Being in the market is more of an historical belief that the US market is still the best and will do well going forward over other economies. So on the average that is a position Brinker can take. In this case it still looks bad because of the duration and the way its gone down.
We appear to be in a stagflation market where the economy is sinking and prices are rising with wages going down. The only thing that is being done is to devalue the dollar to bring business back and lower interest rates which will have a limited affect unless laws are changed in finance, mortgages and oil, taxes are changed across the board. The law makers and solution finders simply have no coordinated plan. That nobody had an emergency plan to prevent stagflation proves that the Feds will never have their act together. | | |
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