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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Tim Bagwell who wrote (12450)2/27/2001 4:14:36 PM
From: geode00  Read Replies (1) of 42834
 
How in the world does Brinker's failure become his subscribers fault? How does one continue to excuse his problems by saying that others were stupid to believe him?

In retrospect, I agree that his subscribers were idiots to believe in Bob's trading ability. He had virtually no record and what there was is not good. That is now unquestioned. However, how does that give Bob a free pass on HIS bad calls?

Isn't the most logical conclusion that Bob Brinker has no better handle on this market (and much less than others) than anyone else?

If you are a good trader, and only the good ones should have participated in the first place

I agree with that. Unfortunately Bob doesn't. He recommended this trade for his conservative investors as well. You should take that point up with Bob because it is an arguable point.

Bob's call on the long term bear market was correct. That was the single-most important call of all because it gave you the opportunity to cash out at a good price.

Actually it was early and by quite a sizeable % for the NAS but it was in the right direction and he had good company on that call. I suspect that those who heard all the laudatory comments on the radio and who subscribed just in time for the October bulletin may be feeling quite differently. I still don't see what a fundamental call like that has to do with a short term trade.

If you believe in Bob's short term calls, why not make an argument about it based on the facts and not just on faith? Calling other posters crybabies doesn't move this discussion forward at all.
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