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Bob
Brinker
Bob Brinker is a stock market guru, who was
on the top of his game for some 9 years making many noteworthy
predictions on market activity and trends. Bob Brinker used to be on
the radio and often is recalled and well known for a time he suggested
to his millions of listeners that a market correction coming was going
to be as much as 40%. His "bold" predictions were just one of his
notworthy traits.
One thing that Bob Brinker suggested at one
time was a dollar cost averaging method when buying into a high priced
market. The strategy was if one buys into a market using this technique
, then if the market should turn upside down during the same month,
then the investor should reverse their buy, meaning pull out this most
recent purchase.
Bob Brinker had unique ways to make his
predictions. One example was the trend by the exchanges to add hours to
the trading day. He offered that the last time the market crashed and
the extended hours were being added, was in 1929. Well, for those that
don't know why 1929 is important or significant, that is one of the
largest stock marlet crashes in history. I heard all about this when
growing up. Many people lost everything.
Bob Brinker sounds like he was a intelligent
and perceptive individual, employing skills beyond just "mathematical"
systems to track market progress.
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