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

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To: Kirk © who wrote (22030)7/12/2005 4:24:55 PM
From: Tim Bagwell  Read Replies (1) of 42834
 
Kirk, you make a great point. LRCX, of course, was a risky bet to make in place of QQQQ back in October 2000. Along that same line, it's interesting that DJIA stayed relatively strong out until 2002 and there were CTR's and opportunities to turn profits along the way. This is why I think the DIA makes the best ETF for trading when you need to moderate risk.

Had Brinker stayed with quality he would have certainly done better. The fact that he hasn't recognized this and used this reason as an excuse for the QQQQ disaster further weakens his case.
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