May 3, 2007 Welcome!
Welcome to our "Bob Brinker Free Discussion Forum" with 63,586 posts and growing!
We try to limit discussion forums here to about 2,000 posts before we spin-off a new forum. This should keep the forum loading quickly even for those with old computers. Below is a list of old and forums you can read for a bit of history:
- New: Bob Brinker FREE Forum: 66,100+ Posts and growing!
- Old: Bob Brinker FREE Forum: 63,586+ Posts and growing!
All are welcome to post here.
Favorite Posts
Some of Bob Brinker's quotes from recent radio shows:
- Jan 7, 2006 Caller Peter: "When people are reporting the total return on the total stock market index for 2006, why do they tell people only what the index did and ignore the dividend? I don't have an answer for you, except to say that they are misleading people. They must have some reason--it could be ignorance, it could be an agenda. I don't know what it is..... I own the total stock market index. I did get the cash dividend... to just tell them the market was up 13.8 as though there was no dividend is just plain misleading--very, very bad reporting--very bad." Call Transcript
- Feb 3, 2006Caller Peter: When does the secular bear market end?Bob Brinker: "..within secular trends there are no cases where a secular trend has gone beyond the previous peak by more than, by more than 10%. It's never happened, so I think it's fair to say that until that happens, the secular trend is intact..Now the secular trend that began in year 2000 when the S&P was up in the 1500s, awww, that remains intact. The S&P 500 Index--and this is measured by the Index itself--has not gone above the prior high of 1527 close. In fact, in remains in the mid-1400s at this point. In order for it to move beyond an existing secular trend, such as the one we've had the past seven years, you would have to exceed it, I would think, by at least 10%." Call Transcript
Marketimer Quotes:
October 2006 Marketimer: "We believe the potential for any additional weakness in the vicinity of the S&P500 index 1250 level is linked to ..... If such weakness develops, we recommend those seeking additional stock market exposure buy into any such pullback."
(S&P500 = 1,331 & DJIA = 11,670)
- 6% correction: 94% of 1,331 = 1250
December 2006: "In our view, a meaningful stock market correction would be necessary in order to set the stage for a decent buying opportunity. In order for this to occur, a decline of at least 5% to 10% would be necessary, in our view."
(S&P500 = 1,401 & DJIA = 12,221)
- 5% correction: 95% of 1,401= 1331
January 2007 Marketimer: "Although we do not see evidence that this cyclical bull market has fully matured, we would need to see a meaningful health-restoring correction in order to create a buying opportunity for those seeking to add significantly to equity holdings. In our view, this would require a short-term pullback of at least 5% to 10%."
(S&P500 = 1,418 & DJIA = 12,463)
- 95% of 1,418= 1347 & 95% of 12,463=11,839
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