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

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To: peanut_butter who wrote (22483)7/24/2006 9:03:10 PM
From: fahrenheit451  Read Replies (2) of 42834
 
peanut_butter

>>Agreed. It was a bad call, handled badly. It's been said about a thousand times. But it didn't "ruin" retiredinprescott and it didn't ruin anyone that has ever been substantiated, so get over it already.

Sorry but here are the man's exact words.

Another critic sent this distressing note:
"I have never written anyone on this topic before but your article spurred me to write back to you. I retired early in the first half of 2000. I had been following [Brinker's] advice based on his excellent track record and comments he made during a personal appearance in Rochester NY in the late 1990s.
"Shortly after I retired I got Bob's bulletin to put up to half my stock market funds into QQQ 'immediately.' I followed Bob's advice and it has ruined what should have been a wonderful retirement for me and my wife. We bought in at 82. What REALLY is unforgivable is that Brinker had NO EXIT STRATEGY for this horrendous trade. Even today he is still telling us to hold the QQQ (even though down 75 percent). Does he realize how many lives he's ruined?"

marketwatch.com

>>>>Someone posted his bio here or elsewhere recently, I read it. Very impressive. Sorry I can't direct you to it, I don't remember who it was or where. But I'd say 25 years on Wall Street in any capacity other than custodian or mail room specialist ought to do it all by itself.

Thanks for providing NO DETAILS. You seem to be asking us to consider retired in Prescott a liar even thought he provides a detailed account and you are telling the truth while you can't present any detail to back it up.

You sound a lot like another Butter who defends Brinker.
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