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Bob Brinker Moneytalk Summary November 6, 2011 Radio Show Key Topics: Bob Brinker 2011 to 2012 Market Outlook |
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Bob
Brinker Fan Club Home Page November 6, 2011 Moneytalk Summary with Editorial Comment by Kirk Lindstrom |
Recession
Dome - Two men enter, one man leaves
On Sunday November
6, 2011 Bob Brinker once again entered the
"Recession Dome" with The Economic Cycle
Research Institute's (ECRI) managing
director and my friend, Lakshman
Achuthan. Bob didn't mention ECRI or
Lakshman by name, but on September 30, 2011
ECRI went public with their call for a new
recession:
==> Sept 30, 2011 Jobs To Get Worse Under Recession-Bound U.S. EconomyBob was adamant that he is not predicting a recession, that these forecasters are wrong and they will owe him an aploogy! Brinker said:
==> 03/28/08: ECRI Calls it "A Recession of Choice"Back in 2008 Bob Brinker was bullish on US stocks and the US economy. Note how similar it was then to now on the graph below and explained in the text that follows. Top of page
Graph of the S&P500 from January 1, 2006 through November 7, 2011 ![]() MA(50) = 50 day moving
average is blue line
on the above graph
MA(200) = 200 day moving average is red line on the graph Note how
Right now it is too early to tell FOR SURE if the US will enter a recession and who will ultimately be right this time. Given how wrong Brinker was in 2007 and 2008 with his prediction the US economy would grow and the stock market would reach the 1600s, it seems a good idea to use periods of strength to take a few chips off the table so you have fund to buy if the market goes down. If the market goes up, you would still participate. Market
Update: Bob Brinker remains fully
invested.
That is not the case for my
explore portfolio. Unlike Brinker, I
took profits near the highs this year and
raised a lot of cash. Then I put that
cash to work near the lows for the year.
Then the market rallied and I sold a good deal
of what I bought during the market weakness so
I'm ready to do it again yet will profit
nicely if the market goes higher. Here
are what some of my subscribers sent me via
email recently:
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Learn
the
"Core and Explore" approach to investing
with "Kirk Lindstrom's
Investment Letter"
More
information - My
returns by YearGuess why Brinker doesn't advertise HIS returns by year! Subscribe
NOW and get
the November 2011 Issue
for FREE! !
(Your 1 year, 12 issue subscription will start with next month's issue.)
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September
11,
2011 MONEYTALK GUEST
Bob's third hour guest was Rachael Emma Silverman, author of |
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If you want updates on what Brinker is saying on Moneytalk delivered to your email box, often within 24 hours after Sunday's show, then send us a note at TalkAboutMoney@gmail.com and ask to get on our mailing list. | ||
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