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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: queenleah who wrote (28292)1/29/2007 6:32:04 PM
From: shres  Read Replies (1) of 42834
 
Kirk said..."Is that like telling his [Brinker's] newsletter subscribers to stay fully invested while on the radio he told someone with a "fresh" $300,000 who was considering real estate or the Stock Market .... to look at CDs?"
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Kirk claims that Brinker is trying to have it both ways. Staying fully invested while at the same time recommending CDs to a caller.

Of course Kirk is totally wrong once again. Apparently he thinks a hold recommendation is tantamount to a buy recommendation.

This woman caller, Kelly, had come into a $300K windfall and said to Bob..."I was nervous about going into the stock market now cause I read your newsletter this month."

Bob rightly pointed out that the market is up some 75% since his March, 2003 call and is quite a bit above 1250 call last summer.

Bob told Kelly..."...we said very clearly on the program last weekend that it's very difficult, from my point of view, to find any reason to be piling into the market with large sums of money.

So our suggestion has been, for anybody trying to buy in the market at this point--with things where they are-- that they take a slow dollar-cost-average approach. And that's really the opinion that we expressed, Kelly."

So Brinker told Kelly he saw no reason to pile head first into the market at these levels and Kirk says it's just another Brinker trick so he can "have it both ways".

But then Bob's a professional and Kirk is a wannabe.
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