ladytrade: You wrote:
Larry: Do you know for a fact that when BB called the bear market in 2000 that he didn't tell people to sell? There was a time I heard a few of his radio shows and I got the idea from the callers that he'd saved their bacon, that they'd sold out as a result of his call of the bull market top?
answer:
Actually Bob Brinker did an asset reallocation.
(1)Sell 60% of your holdings.
(2)Keep 40% of your holdings.(This 40% was later changed to 35%)
(3)Do not recall any "sell this or that stock"
That was left up to use to sell 60 cents on the dollar.IMHO.
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In any case, it would be inconsistent to accept his call of the end of a bull market, and not to sell your stocks, wouldn't it?
answer:
See above
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On the matter of stop losses, how would you calculate the price of the stop loss order? I've been toying with placing some.
answer:
SORRY.Like Bob, I am not going to give you any advice of how to do stop losses.
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Your questions were very good.IMHO.
Larry Dudash |
