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

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To: Math Junkie who wrote (12534)2/28/2001 9:50:21 PM
From: davidk555  Read Replies (2) of 42834
 
Now Richard, I think you know me better than that. I pride myself on being objective and providing facts - that's why people subscribe to my Interpretation service. As it turns out, my recollection was correct and you were incorrect. Aaron Task did originally report that Brinker said to sell the QQQs at $100, not $84. You see, you just didn't research the issue fully. Unfortunately, that is often the problem when one discusses Brinker. Passions are so hot on both sides of the issue, that you better make sure you have your facts, otherwise, people can't rely on what you say. Here is an excerpt from the retraction printed by Aaron Task. If you had read the article all the way down, you would have seen this and not made the statement, "if I were like some people, I would speculate about your motives in making that error, and impute sinister motives to you for making it." Read on:

"The Oct. 11 TaskMaster column, Drink Up: This Year's Special Is a Bottomless Comp, incorrectly reported that Bob Brinker, editor and publisher of Bob Brinker's Marketimer and host of ABC Radio's MoneyTalk, recommended buying the Nasdaq 100 Trust in May at 74 and selling at 100. In fact, Brinker told his radio audience he'd bought the QQQs at 74 and then later said he thought they would get beyond 100. But his actual sell recommendation was at 84. (corrected Oct. 17)

thestreet.com
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