Bob Brinker: Market Savant & Radio Host Message Board

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

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To: Elmer who wrote (13545)	4/9/2001 12:37:27 AM
From: geode00	Read Replies (1) of 42834

Of course I'm responsible for my own investment decisions. That goes without saying and any losses (or gains) are paid for (received) by my bank account. That's real responsibility where it counts. This is different. Bob sets himself out for a national audience for 6 hours every weekend as a conservative guy who apparently does the impossible. He times the market. Now he's out there taking kudos for something he didn't do. He didn't say go to 100% to cash and side step the bear market but he definitely leaves the impression (by taking those idiotic calls while hanging up on others) that he did. That's false. That's dangerous. In his newsletter, he made not one mistake but several. He did so at the expense not of himself, but of his poor subscribers. On top of the mistakes in financial advice, he sought out critical subscribers/posters and booted them. In addition he deleted critical posts while leaving laudatory ones up. That creates a false impression. That is dangerous. Bob's problems run much, much deeper than a single blown trading call. His problems are deep, they're dangerous and they are (IMO) going to claim more victims in the future if he gets away with the QQQ trade. That's my opinion and nothing he has done recently has changed it. Again, I wish those who knew about Bob's myriad problems and mistakes had been even more vocal and insistent than they were. Bob's been at this, as have his critics, for some time now. I've come pretty late to the game and have been astonished at how bad his past record has actually been. Someone else suggested that people contact the media (web, print, tv, radio) and tell them about this fiasco. I think it's a good cautionary tale since few really understand how bad the situation is.

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