Feedback About Bob Brinker's Market-timing

Bob Brinker's unwillingness to talk about the stock market and allow callers on the air to ask questions about it, may not be the wisest way for him to handle this correction. Back in 1998 when we had an intermediate-term correction, he would usually offer on-air guidance and reassurance. This time, he is acting as though it's no big deal.
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Here are some very recent comments:
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Pen-name, Newslettercheat said:
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"Ok, Brinker was bullish at the top and he has been bullish all the way down. Brinker nearly guaranteed there would be no recession, making fun of those who saw bad times coming "The bad news bears are betting there will be a recession; I'll take the other side of that bet" the cocky Bob Brinker who specializes in being certain with OPM (other people's money).
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When the market hit 1450, Brinker gave another one of his famous "go all in" calls.
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When the market hit 1330, he gave another one of those go all in calls.
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Now the S&P is at 1259 and that is with unprecedented moves by the Fed who is throwing money at the problem like a drunken sailor--yet still there is a big problem.

Do you diehard Brinker alibi folks truly believe that Brinker and his claimed "model" had the proper view of this market?
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If not why do you think that he was so badly wrong with this amazing model? To me it seems that the model's performance seems to result in calls to change allocations that are wrong as often as they are right. "
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Pen-name InvesTing said:
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"Besides being dishonest in it's premise--Bob Brinker had called for 1450 being a great buying opportunity as the market dropped like a rock right through it--to give Brinker credit for making any call of a bottom after a series of failures in this market is beyond stupid. We know that somewhere before zero he will have to be right, but simply calling a new price as the market dips is not something a person of normal intelligence would pay for."
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Pen-name, Jeffchristie said:
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"It Looks like Mr Bowtie is sitting in the catbird seat with that watermelon smile while Bob Brinker has egg all over his face."
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Pen-name, Pig said:
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"NOOWAY is brinker going to show up and get calls on a mid-1450 buy.............zapped
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NOOWAY is brinker going to show up and get calls on a low 1300 buy.............zapped
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Hello.............1275.....................want to try again Bob?
(Roar)
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Newsletter sales ain't going to be so hot this quarter...................."
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Pen-name, Princepro110 said:
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"The Bear Sterns meltdown and sale that was consummated before Brinker went off the air yesterday showed again how little "inside" handle Brinker has on the "street".( I think he said the price would be a little under $18 a share>) I don't think I am being too critical of Brinker but his followers claim that he has foresight to anticipate the economy and markets. Why then has he completely missed this current meltdown in the financials and their new instruments while seeing all these BUY opportunities while the market seeks a bottom?" March 17, 2008 6:39 AM

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Pen-name, "absolutereturns" said:
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"I wonder how many people have canceled their Market Timer newsletters ? I can't bring myself to listen too much any more.....it's alomst sad. Many people agree that BB provides a nice radio serice to offer information and generalized suggestions on investments....but a market timer or just being dialed into the current, market, economic, global world of investments he's not. Not even close. It seems like whatever formal training and education BB had back in the day is all he has to rely on....he hasn't evolved or changed with the times.... his models don't work, his taking govt stats on cpi for example don't work and are naive....as is his only looking as measaures like M1 to determine money supply....sad. he should hang 'em up, write a going away book and retire. He should also appologize to every 65 yr old who has followed his advice over the past 5 months while riding their portfolios down with the market." March 15, 2008 2:14 PM

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Pen-name, "youdidnthinkthisthrough" said:
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"Here is how it works for Bob Brinker. If he recommends a stock that goes up or a fund that goes up, brag about it as much as possible and take calls about it. If the fund goes down such as TEFQX, take it off the books, and never talk about it again.
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Now with the timing, the model is similar. Make a buy signal, say 1450. If it sticks and the market goes up significantly, you can brag about how great an opportunity it presented and take calls thanking you for it. If the market goes down a lot, issue a new buy signal, say in low 1300s. If that sticks, you can brag about it and get great press about it. If it goes lower, just issue a new buy signal! Remember, he did that with the QQQQin January 2001.
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One more point about the business model, when Bob Brinker is just completely wrong about things, such as gold, try not to talk about it but if a caller insists that he wants to own gold, say only own it as a small percentage of your portfolio and then if gold goes up he can brag that he recommended it, even though he was bearish on it.
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Last point on the business model, when Bob is wrong about secular moves in general such as being wrong about the rise in commodities, or wrong about the declining dollar, just spin it so you seem like you called it all along.
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This post may be copied and posted anywhere on the Internet, on any blog or web site as the more people that find the truth about Bob Brinker's business model the better."
March 15, 2008 12:53 PM
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Jack Swanson said:
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"....Hey Bob, I know, pal...you "didn't see it coming!"
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I call again on ABC radio to remove this clown from the airwaves...he is a CLEAR AND PRESENT DANGER!!!!!!!!!"
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Pen-name, James wrote:

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"Brinker is clearly wrong about this market. This time, he's wrong about the whole market, not just QQQ. I heard him give the advice to one of his guests, though, that I think he follows: "If you must predict, predict often." He'll most likely come out with a DCA recommendation, hoping that the market will wipe the egg off his face before he has to go outright bearish. He will be no better than any of the other financial advisors who come out with recommendations after its too late to benefit, aka Moody's Rating Agency on the banks."

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And James said:
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"Did you hear the man who called Brinker's show two weekends ago and said he had sold out when the S&P 500 was in the 1500's and was looking to buy back in at Brinker's new 1300 buy signal? In my mind, it raised the question of why Bob had not been as astute as this man, and why would the caller trust Brinker for any future recommendations?"

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