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Strategies & Market Trends : Fidelity Select Sector funds

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To: Angler who wrote (4742)8/12/2002 3:01:58 PM
From: geode00  Read Replies (1) of 4916
 
All I can tell you is that I heard his call on the radio and over a span of times since then.
I see you are not a friend of Brinker. Neither am I in particular but that does not change the fact of that call and following newsletters.


The radio show is pure one-sided spin. The latest was Flannigan hanging up on that caller this weekend (see the mp3 file I linked). That caller was a subscriber with a legitimate question about how to mitigate the severe damage caused by Bob's advice. How does Flannigan treat him? He hangs up on him.

What you are hearing is heavily screened calls, a 15 second delay button and hangups when the questions get too close to the truth. If you don't believe that, then I've got a few thousands shares of a Blodgett-recommended Internet company to sell to you.

I would think that after all of the revelations of crooked behavior to date, people would be much more skeptical of what is being fed to them. However, if you want to believe in the tooth fairy and Bob's market timing, go right ahead. I do object, however, to the spreading of fallacies.

Bob Brinker did not and has not issued a call to 100% cash and bonds. He has, in fact, ridden down the market along with everyone else in his model portfolios. He has, in fact, ridden down Microsoft from 120 to the 40s and Vodafone from its highs as well. He has ridden down the QQQs (Nasdaq 100) 74% from 83 to 21 and change.

As much as Bob Brinker derides buy and hold....he practices it in his model portfolios and in his off-portfolio newsletter advice as well as with his BJGroup (now GE Capital) client portfolios. How does that behavior translate into 100% cash and bonds?

It doesn't. It's spin. It's a lie.
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