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

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To: geode00 who wrote (16784)10/2/2002 3:25:54 PM
From: Tim Bagwell  Read Replies (1) of 42834
 
>>>Where was our guide Bob? What, did he simply drop the rope and go off to play golf while his subscribers fell another 1000 feet?<<<

How else are people to read Bob's total abandon of them and this trade.

Bob got totally blind-sided on the QQQ trade. Then he followed the wrong strategy of "don't sell on weakness" which only holds in a bull market. Then he paid no heed to any risk management tactics. Then he kept the call on while the Q's tumbled. Then, when he finally saw he was dead wrong, pulled a 180 and swore off short term calls. Then, with no clue of what to do, he turned a losing trade into a long term position. Then he abandoned his followers. Then he shirked his responsibility as a public figure.

Bob has shown himself to be a first class loser on this trade.
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