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

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To: geode00 who wrote (12824)3/12/2001 9:25:34 PM
From: Rillinois  Read Replies (1) of 42834
 
geode00,

Please ignore my earlier response to you and use this response as a corrected one.

As far as I've been able to determine, Bob tries very hard to not take realized losses on recommended individual stocks. However, he removes mutual funds from his recommended list because of poor performance all the time.

This is another area where Bob misleads new subscribers. Bob has no accountability for funds that have been removed. Bob only shows performance for the funds currently on the list. Nowhere on his list does he disclose previous mutual fund recommendations that have blown up and believe me there have been many.

Not surprisingly, Bob removed Firsthand e-Commerce from the recommended list this month after falling over 80% from the highs. But in a rare move, I don't recall Bob doing this before when removing mutual funds from the recommended list, Bob said he rates the fund a "hold" at this time and he went on to say "we expect the shares to recover value over time". He usually just deletes the fund from the list.

Best Regards.

Rillinois
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