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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: RFH who wrote (14114)12/27/2000 4:15:52 AM
From: axp  Read Replies (3) of 18928
 
I'm a lurker here but wanted to talk about Brinker who I've been listening to and enjoying for many years. He could have been a hero if he had stuck to that 60% cash position, but he recommended to his newsletter subscribers that up to half of that cash be put into QQQ at a level about 30% higher than where it's at now. He was trying to catch what he calls a "counter-trend rally" but missed badly.

I'm pretty much done listening to Brinker. For years he talked about dollar cost averaging, index funds and other solid advice. I haven't heard him mention DCA the entire year even though this is exactly the kind of market action where it proves it's worth. I would think A.I.M.ers would be very tuned into how important it is not to try and pick exact entry and exit points.
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