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Strategies & Market Trends : Fidelity Select Sector funds

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To: geode00 who wrote (4745)8/12/2002 3:12:13 PM
From: geode00  Read Replies (1) of 4916
 
I forgot this point. You are not hearing Bob say he went to 100% cash and bonds. What you are hearing is listeners calling up saying they went to X% cash on Bob's advice. However, he never gave that advice and he doesn't bother correcting people's mistakes.

Sneaky huh? That probably gets around ABC Radio's lawyers objections LOL.

The trick is to cherry pick Bob's advice and take only his good advice and leave the bad advice. Unfortunately you have to know in advance which are the ripe cherries and which are the rotten ones.

To get back on the topic of this thread, QQQs are basically a sector fund (big cap tech) and, no, Bob Brinker has not played them successfully. In fact, as far as sector funds go, Bob Brinker is a cautionary tale. He managed to capture the lion's share of one of the largest declines in history.
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