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

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To: Math Junkie who wrote (24612)8/30/2006 1:27:03 PM
From: Kirk ©   of 42834
 
Why would anyone think what he recommends for his model portfolios has anything to do with his "off the books" recommendations such as the October 2000 QQQQs, MSFT or VOD?

At best, all he has said about these in who is the total holdings should match his listed guidelines (April 2000 newsletter when he recommended those funds for the IRA). Those guidelines (35% equities and 65% cash reserves) went out the window when he kept recommending 20 to 50% of cash reserves go into QQQQ as QQQQ fell from $87 to the mid $40's where he then said "hold for future recovery."

Were people to keep readjusting each month he recommended 20 to 50% of cash reserves go into QQQQ such that they had the recommended allocation? If yes, then they would have kept buying all the way down to $46 or so where he said "hold for future recovery." I don't think he's ever been clear on that either.

I don't believe he has EVER addressed those shares since they were about $46 and he changed them from BUY to HOLD. I see them now as little different than MSFT or VOD... need to be addressed as off the books advice, just like TEFQX.
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