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

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To: Kirk © who wrote (22517)7/25/2006 8:00:11 PM
From: dijaexyahoo  Read Replies (1) of 42834
 
kirk said:

<<To me, it looked like Brinker was encouraging retired people to take more risk. If they bought the TEFQX fund, why would they not also put 50% of cash reserves into QQQQ?>>

--I find it really ironic that in your last post (22516) you claimed to be objective. How can you make such a claim, and post the above paragraph just ONE POST LATER!!??

That is NOT an objective statement.

<<Myself, I've had lunch with someone in the 60 age bucket who went to 100% cash since he thought he was very conservative and wanted to preserve his critical mass. Then when he got the bulletin, he put 20% of his total portfolio (100% cash reserves) into QQQQ per Brinker SPECIFIC instructions in both the bulletin and in newsletters that followed.>>

--If this is true, it's objective. But in later posts today you claimed that "many" retired people had gone to 100% cash and then put 20% into the QQQs.

That statement is completely and totally absurd. One person I can swallow. But the ONLY reason most retired people would go to 100% cash is because they did not want to risk any loss whatsoever. They were willing to MISS A MAJOR RUNUP in order to eliminate risk! It makes no sense to think that these people would then TURN COMPLETELY AROUND and put 20% of their total portfolios into the QQQs in a falling market.

It boggles my mind to think that you actually might believe otherwise.
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