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

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To: dijaexyahoo who wrote (23158)8/6/2006 1:16:03 PM
From: yaetmo  Read Replies (1) of 42834
 
>>I also didn't say all 10 people bought the QQQs. Only 5 or 6, including me, bought them.

Ladies and Gentlemen, I suggest they we accept dija's data as a confirmation that a large percentage of Brinker Followers bought into the Q's in 2000.

IMO, based on dija's statement and my personal experiences, I concur that most buyers were not likely to have gone on a horse stampede and bet the farm.

That's not to say that noone bet the farm. I know several people that believed our CEO's stock hype and had all of their 401K $ in company stock. A couple that had even borrowed against their house to buy more. However, most were sensible about how much they owned. On the extreme, one, who holds a Phd, lost more than $1,000,000. He did it because, at the time, he believed! It's tough starting over at 53.
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