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

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To: J-L-S who wrote (21886)12/29/2004 3:09:59 PM
From: Tim Bagwell   of 42834
 
you should not follow the advice if you are unable to do due diligence ahead of time

Well, that's certainly a good goal to set for yourself. So, what "due diligence" have you done on the Bobbler?

Regardless of your answer, Bobbler issued an "Act Immediately" bulletin for that massively failed QQQ(Q) trade. Therefore, he was asking his followers to suspend their good judgement and place their full trust in him without offering any details on what signals led to his call. Obviously, he abused that trust.

Perhaps, if Bobbler had been ethical in providing background details in that fateful Bulletin #1, then maybe, just maybe, many would have seen through the BS that he foisted on his followers. We'll never know.

Speaking of "never", since Bobbler never exited that trade, do the statutes of limitations continue to run for a lawsuit? It seems like you could argue legitimately that any fraud that might have been perpetrated is still ongoing. That could leave Bobbler open to perpetual litigation and discovery. Interesting theory, don't you think?
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