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

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To: davidk555 who wrote (21872)12/22/2004 3:23:04 PM
From: Tim Bagwell  Read Replies (1) of 42834
 
Thanks David for the link. This is one of those topics where there isn't enough outrage being expressed in financial circles. If you listen to Bobble's program, you get the sense that nothing bad has ever crossed the pages of Marketbobbler. Somehow, every caller that passes the screener amazingly managed to avoid all the bad tips while investing only in the good ones. What is amazing is their religious devotion to Bobble for giving them masterful market calls, when the real credit appears to be theirs for managing to escape the bad stuff.

The QQQQ episode has been one of the most masterful marketing shams of all time and should go down in the annals of history right beside the story of tulipmania. It demonstrates how public perception can be manipulated through controlled propaganda and skewed information.

Imagine what it would be like if the Internet did not exist today. There would be virtually no public record of the QQQQ bobble at all and ABC would give a free pass for Bobble to represent himself to all as infallible.
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