Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: KM who wrote (10310)	10/11/2000 10:35:25 PM
From: lizardK	of 42834

Brinker's proprietary (of course) market-timing model has remained bearish since January, save for brief trading rally recommendations. In late May he recommended buying the Nasdaq 100 Trust (QQQ:Amex - news - boards) (a call that caught the attention of a noted trader ). The QQQs were trading around $74 at the time, and Brinker recommended selling them if/when they reached $100, which they hit on July 17. The QQQs declined thereafter and have since rallied back to as high as $103 33/64 on Sept. 1, but closed at $77 1/16 on Wednesday. Kudos for Brinker. However, this writer is not reporting correctly as per the above. As I recall Brinker recommended the QQQ's on his radio show in late May when they were available around 80. He then told listeners to wait for his sell signal and subsequently made the sell call at 84. Not quite as reported in the article cited. (It is true however that Brinker laid the groundwork for listeners to buy in the mid 70's this same week in May if they researched properly for divergence, thus getting a buy in at a lower price than if one waited till after the weekend show).

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