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

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To: wooden ships who started this subject3/11/2003 4:34:16 PM
From: Tim Bagwell  Read Replies (1) of 42834
 
Also from Suite 101...

Author: Will_L
Date: March 11, 2003 12:17 PM
Subject: As I've Predicted
It seems Brinker is using the Iraq War weakness to enter the market with the few funds not already chasing equities. As I began predicting months ago, Brinker doesn't have any precise model-he simply has a hunch. Otherwise how could I have been correct?
Now I also predicted that he was very anxious to re-enter the market to hide the QQQ debacle.

As you know Brinker told people to take 65% out of the market. He then sent an "ACT IMMEDIATELY" bulletin to all subscribers telling those who were conservative or aggressive to invest 20 to 50% of the money taken out of the market in QQQs when they were in the 80s. He has kept that postion all the way down while claiming it didn't count in his performance.

Today if rumors are true Brinker told everybody he is again "fully invested". In his Portfolio I some say he has added a 20% position in QQQs or Rydex OTC fund (QQQs). Yet now everything totals 100% WITHOUT THE QQQS HE TOLD EVERYBODY TO BUY IN OCT 2000.

In essence Brinker seems to be trying to touch up the x-rays rather than fix the fracture. Now he totally disavows the previous QQQ call. When someone mentions QQQs, the Bobster with the long nose can simply say. "Why yes we bought QQQs in our model portfolios in March 2003 at 24.00."

It will be truly interesting to see how the press treats Brinker's very distastefull move. It is obviously meant to fool new people--I should think anyone who has subscribed and watched Brinker since the QQQ flap will be disgusted with the new charade.

Ole Bobby is very predictable and fun to watch? What do you think I should charge for predicting EXACTLY what Brinker will do?
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