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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Math Junkie who wrote (12462)2/28/2001 10:57:43 AM
From: Kirk ©  Read Replies (2) of 42834
 
>>"It wouldn't have anything to do with the fact the QQQ is not in the 90's but is now 49."

>The problem with that theory is that the decision not to give short term trading advice on the radio was made and announced long before the October QQQ play was started.

"It wouldn't have anything to do with the fact that he told listeners on the radio in what sounded like a panic to sell at $84 only to see it rebound back to the $100's?"

I think he has a long history of trying to reduce the amount of specific advice he gives (for Intel, UTEK, QQQ, etc.) as it is hard to keep the image.

He blew it big time with the First CT trade telling the listeners to tune in each week and he'd tell them when to sell as the QQQs were over $100 at that time. Sure he made a profit of $2 for all, but those that were ready to sell at $100 and waited for his advice won't forget.

IF news leaked out to the lawn mowing crowd about telling callers to the newsletter that he was "comfortable" with people paying $86 for QQQ and that QQQ played a rock and dropped to $49 in a matter of months... his image would really take a hit.

He does pretty well for the mowing the lawn crowd to just take general investment advice questions on the air. The problem is many of us like to hear more and he is losing that part of his audience as he is avoiding talking about things he might turn out to be wrong on, ESPECIALLY now that he is on a major cold streak. We listen to MANY shows for the variety of opinion and the way he is hedging himself is making listening less useful.
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