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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Chris J. Horne who wrote (12897)3/11/2001 8:10:03 PM
From: BigShoulders  Read Replies (1) of 42834
 
Re: Bull! They were at 83. (When Bob issued recommendation to buy Q's or the CTR in October.)

We don't know what the Q's were trading at when Brinker issued his recommendation unless someone knows the exact date and time it was issued. In the special bulletin he refers to CTR gains in excess of 20 % from the NASDAQ closing lowpoint. The closing low in this time period was on Oct 12, at 75 1/8. This is consistent with the Nov. newsletter where Brinker refers to the Oct 12 closing price of 75 (actually 75 1/8). I received the special bulletin on Monday Oct 16, so it was clear to me the reference point was the Oct 12 close at 75 1/8.

Those are the facts that I saw at the time. What's your basis for saying the Q's were at 83 when Brinker made his recommendation?

The problem is the time to deliver the bulletin via US mail, the volatility of the NASDAQ, and the time needed for people to act on the recommendation.
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