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Pastimes : Bob Brinker: Places to Visit
QQQ 626.05-1.5%Oct 30 4:00 PM EDT

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To: Math Junkie who wrote (62)8/15/2002 12:44:21 PM
From: Kirk ©  Read Replies (1) of 110
 
duh.. I was leaving it for the reader...

but since YOU insist... Did Brinker say he was "bearish" in the Jan 2000 MT or that he was going to capture 70% of the upside with far less risk?

I remember a caller to the show when the market was well up saying he "followed Brinker's sell signal and went to 100% cash" and he was told "I didn't say that".... Brinker doesn't make that correction these days, does he?

Brinker was QUITE CLEAR that he was reducing risk but his model had NOT signaled a bear or he was not interpreting it as a bear as he said for the previous year he'd go 100% cash if he saw a bear and might even go short.
I think a dentist called the show and FORCED Brinker to say he was not a bull or clueless on the bull/bear survey so he reluctantly said he would be measured as a bear... of course the market was going up then.

Also, remember callers asked about selling when the market was off 10 or 15% and Brinker would say "I can't advise selling now" yadda yadda... I guess his model was not predicting a 40 to 50% decline then, correct?

No doubt about it the move to 60% cash was brilliant in timing... but EVERYTHING after it including what he kept in the portfolios, holds on VOD, MSFT, buys of TEFQX and QQQ were total disasters and Hulbert gives him a free pass on it. I think it just shows how worthless Hulbert's service is for evaluating Brinker... and is ONLY good if you ignore all talk and writing and ONLY look at the model portfolios. This is the right thing to do but Brinker fooled his subscribers wtih the special bulletin, telling them later his model portfolios would not include the advice and yet his words said to buy MORE on weakness (70's and again in the 60's).
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