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

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To: stockalot who wrote (23153)8/6/2006 12:42:24 PM
From: dijaexyahoo  Read Replies (1) of 42834
 
stockalot said:

<<The thing I found strange is that it appears (I didn't apparently catch his post claiming this but a later one referring to such a claim) that Dija has 10 separate "friends" and 'acquaintences' who subscribe to Brinker's newsletter, knows what they did with his advice and knows that they sold the QQQs.

Pardon me but that sounds like a crock of stink.>>

--Stockalot, we all know you only believe what you WANT to believe, so you're not going to believe me no matter what I say. But I will comment for the record.

First, I did not know 10 people who subscribed to brinker's newsletter in 2000. I knew 10 people who either listened to him or were interested in what he had to say. A few of them subscribed.

Three of these people were close friends outside of work whom I had introduced to brinker years before.

The others were people at work. A lot of people where I worked were interested in investing because of their 401ks, and some of them also had outside investments. A TV was on CNBC
all day in the press box at the race track.

A bunch of us discussed our investments, and we always discussed what brinker said in his newsletter and on the radio. We also sometimes discussed what other gurus were saying. We discussed financial news and events often, and talked about what stocks and mutual funds we owned.

I also didn't say all 10 people bought the QQQs. Only 5 or 6, including me, bought them. The others decided against it.

They didn't all sell at $55, like me and my friend. But they all sold sooner or later. None of us owned them by the time I retired (Oct. 1, 2001).

And I think the MAIN point of all this is that none of them invested anywhere near 10% of their portfolios. I don't think anyone went over 5%.

That is one reason why I think some of davidk's claims "sound like a crock of stink."
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