Pen-name "Andy Sxxxxx" said:
"Have we had a second bear market... a 20% decline.... since Brinker told that caller less than two weeks ago his advice was to not sell?As Andy pointed out, Brinker cannot hide this like he did the QQQQ-trade by not adding it to his model portfolio record. And Mark Hulbert will not be able to give Brinker a mulligan by using a "footnote" to explain it away in Brinker's performance rankings in Hulbert's Financial Digest.
I see QQQ all over again except this time the failure to time the markets is on his official record.
I read in Forbes that the DOW fell 34% in the 2000 to 2002 bear. It is down more than that now... but at least it started at a higher level."
Thank you Honeybee
I just computed Bob's Profolio I loss from Oct 31,07 and I think it has declined about 35%
October 8, 2008 8:47 AM
Honeybee here: Jeff, I enjoy receiving Navellier's free email market updates. He is kind of an "anti-Brinker" in that he isn't afraid to discuss the stock market. And he doesn't hide out from what he said previously.
Navellier -- Weekly Marketmail