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

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To: Honey_Bee who wrote (24531)8/29/2006 10:31:22 AM
From: Kirk ©  Read Replies (2) of 42834
 
Some people might have missed this from your excellent recap of Mary's call to moneytalk at the Beehive

Mary: “Well, we had the right allocation according to, you know, what your guidelines you have set down.”
investment.suite101.com

I think it is obvious what "guidelines" Mary was referring to... and any speculation she bought these QQQQs in 1999 is lunacy.

Mary was simply asking if it was OK to sell QQQQ for a loss to offset gains in VTSMX to raise funds to make a 50% down payment on a vacation home. Brinker pulled the old "answer a different question and try to make her look stupid" to discredit her call. Of course, he probed until he found an area she was not prepared to answer so he could divert the question to that area.

He knows full well that asking people their net worth on national radio puts them in a really defensive position too...
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