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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Math Junkie who wrote (17500)2/27/2003 3:07:58 PM
From: Tim Bagwell  Read Replies (1) of 42834
 
he is quite right to insist on being measured on what he recommended

You know he manipulates the numbers to help the image. Do you really think he recommended a 65% cash allocation to hedge a bad CTR play later?

Of course not. He made the 65% recommendation because he was only about 30% confident in his model in Jan. 2000. But those who took 100% off the table had even more confidence than Brinker and should not be dismissed.

Since he now has a need to make his QQQueen size loss look less daunting he finds it useful to emphasize the 65% factor. No doubt, had it gone the other way he would find it more useful to use 100% instead in his spin.

At any rate, it's Brinker's inability to be candid that is the root of his problem with the public now. Whether you put 9.5% or 50% in Q's Brinker failed to handle the trade in a professional manner. His back-peddling now simply amounts to an attempt to whitewash what amounts to an amateur tip.
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