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

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To: Tim Bagwell who wrote (3085)1/25/1998 5:09:00 PM
From: Mark Pritikin  Read Replies (3) of 42834
 
<<So Bob is back in INTC based on its recent relative strength and prospects for future earnings growth>>

Is this true? Did not catch the show, if so:

Flip --- Flop --- Flip (Bob looking like a dip!).

Again the point: Bob's advice is great, but he should quit playing games with his audience on Intel as it is a very widely held stock that is considered a long term core holding. He's scaring the crap out of old lady's when he is down on the stock. Just like I said last week; while you tuned in last Sunday, Bob was emphatically out of INTC and when you panic sell on Monday, low and behold Bob will be back in buying (I am sure trading flawlessly buying at the low and selling at the high). Personally, I think Bob's actions on INTC on not good for his audience. While he preaches to stay fully invested, the fact that he glorifies his short term trades will only lead many novices into trying to trade on margin.
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