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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: davidk555 who wrote (12538)2/28/2001 10:28:37 PM
From: Kirk ©  Read Replies (2) of 42834
 
"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


Good work David!

Task told me that he got the original wrong information from a phone interview. Perhaps he didn't take good notes? 8)

We ripped Task a new one and emailed his boss that he was a terrible journalist to print crap he did without verification. Task learned his lesson and now emails many people for information and gets copies of the MT so he can read it himself rather than rely on a phone interview.

THanks David for being the standard of truth! 8)

I think the keys statements were:

"We identified a buying opportunity in the mid $70's"

"We mentioned this on the radio"
-not saying it was after the fact and he said to not chase.

"They went on to over $100"

I think Task may have assumed that a sell was given at $100, but we know the truth...

Kirk
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