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

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To: Kirk © who wrote (24560)8/29/2006 1:34:16 PM
From: Math Junkie  Read Replies (1) of 42834
 
"I think the trouble is when he wrote the above, QQQ was about $46."

Ms. Roses quoted that statement from the March 7, 2003 issue. QQQ closed at $24.54 on that day.

"Mary, and many others that email David Korn, Peter Brimelow and myself, are still waiting for a significant recovery or specific advice to sell."

I think 55% is a significant recovery, but I don't think we will see specific advice to sell that holding until the next time Brinker goes bearish. I'm not even sure we will see it then.

"What troubles me now is it seems he feels he can fall back on something like 'We don't recommend this for balanced portfolios' when advice to hold something off the books that he CLEARLY recommended for conservative investors didn't work out."

Yes, that troubles me too. It's reminiscent of President Clinton's legalistic argument that something could be true in the present tense that wouldn't be true otherwise. Since Brinker's audience is not composed of lawyers, such arguments can be very misleading.
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