Bob Brinker: Market Savant & Radio Host Message Board

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

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From: stockalot	7/17/2006 12:09:13 PM
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From another site, I see that Brinker pulled a fast one yesterday with a caller. Hiding the truth and being very sneaky in evading the caller's question. "Bob Brinker's "Moneytalk" July, 16, 2006: . Caller: "And just one last question. As far as people who have held on to Q’s for about five years, is there a possibility of a sell signal for that at sometime?" . Bob Brinker: "Well we did reduce our exposure to the Nasdaq 100 in the newsletter. We did it in the April edition. We did a very substantial reduction to our Nasdaq 100 holdings in the April edition. The effective date was April 11th. The closing price on the Q’s on that date was right around $42 a share." . Caller: "Well, okay and…" . Bob Brinker: "The reason we did it at that time, is because we thought it from a timing standpoint it was a good opportunity to do it. So that was the rational behind the reduction that was made in the newsletter in the April edition. Thanks for the call. 1-800-xxx-xxxx. Jim’s with us in Washington...." .Looks like Brinker just cannot be honest. Like the spin artist he is, he cut the caller off and answered a "difterent" question than the caller asked. You see Brinker sent that unpriced, unsigned, undated bulletin urging subscribers to use up to 1/3 of their entire stock market portfolio (1/2 of the "cash reserves" removed from the model portfolios in Jan 2000) to buy QQQQs when they were trading in the 80s. Brinker promised to give updates and ongoing advice on this trade for a huge % of portfolio. For many months he urged subscriber to keep the faith and that his rally was still just around the corner. He started saying less and less about the trade as the months turned to years. In March 2003 Brinker very deviously placed some 25.00 QQQs Rydex nasdaq 100 fund in all model portfolios with not a single mention of the ongoing trade. This April he reduced the % of the QQQs Rydex fund in the model portfolios again giving absolutely no guidance to sell any of those 80 qqqs that he urged subscribers to throw up to 1/3 of their portfolio at and hold to this very day. So one can only conclude that Brinker was dishonest and trying to cover up his terrible advice. Obviously cutting the caller off was done so the lie would go unchallenged. How could anyone take this guy's advice seriously and above all who could pay someone who pulls a stunt like this?

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