"No, you are not arrogant, just pathetic..."
I'm sure I'm plenty arrogant, just not arrogant enough to call someone "intellectually dishonest" for the mere act of disagreeing with me about something that I think is a "fact."
...like a Moonie who denies the obvious and hangs on to harassing Brinker's critics for nearly decade now.
You mean like this? _______________________
"That having been said, I must also say that I get very uneasy when he gloats, especially when he does so before it is proven that this really was just a correction. Bob rated the market a buy below Dow 8650, and I think he said he expected it could go as much as 3% below that, which comes to 8390. Ralph Acampoura called for a decline to the 7500 to 7900 range, if memory serves me, and today the Dow dipped to nearly 8000, making Ralph look not so dumb after all. I guess I don't expect an on-air apology to Ralph 'Flip-Flop', but I do hope he will tone down the name-calling in the future." - 8/28/1998
"The thing that's most ironic to me is that I once heard him say, 'I would not bet against the model.' Yet, in effect that is exactly what he did in recommending the QQQ trades, especially the last one." - 1/9/2001
"Speaking for myself, I have no idea whether he will pick MOABO, not because of the failed trading call, but because the long-term model has not been forward-tested in that situation." - 3/12/2001
"In retrospect, betting up to 50% of cash reserves on a highly volatile index, which included many of the market's most speculative issues, spoke loudly of overconfidence, IMO." - 12/2/2001
"It's absolutely true that those who suffered from the QQQ advice should take responsibility for taking the advice, but that does not mean that Brinker does not deserve criticism for giving it." - 2/11/2002
"BTW, on the weekend of Feb. 16th I heard him talking to a caller about the 60% he put in cash in early 2000, and I was struck by his statement that this money had remained safely there ever since. I think he stuck his foot in his mouth with that one." - 2/26/2002
"Since he went on record that his model had been bearish since January, the only possible explanation is that he didn't have enough confidence to say so at the time, choosing instead to use terms like 'unfavorable,' and 'tactical asset allocation.' That way he left himself wiggle room in case he was wrong.
"One could make an argument for not crediting him with being bearish from January 2000 through September 2000, but there is no escaping the fact that he was in print as being bearish on October 9, 2000.
"Apparently he couldn't stand the strain of making an unambiguous statement though, because it was less than two weeks later that he came out with his infamous first bulletin, thus returning to his practice of straddling the fence." - 3/19/2003
"I noticed that too. I wouldn't mind it so much if he didn't completely hide the results of a major call like QQQ. It really bugs me that there's not the slightest hint of it in his reporting of newsletter results." - 8/3/2003
"Just to be clear, QQQ is still listed as a hold. What vanished was any accounting whatsoever for the buy recommendation, which encompassed 20-50% of cash reserves." - 3/4/2004
"Regarding blame, I take the blame for following Brinker's QQQ advice, but that does not absolve him of blame for giving it." - 4/3/2004
"Since you followed him up to 2001, you probably know about the attempted QQQ trade that went bust. He never did take that one off of hold status." - 7/1/2004
"Another reason for still talking about it is that he still excludes it from his record, and it's a recommendation that went as high as one-third of the total portfolio, after all." - 8/1/2005
"That call bugged me because of the way he only presented the favorable part of his record during those years. He said he put that money back in the market in 2003, omitting the fact that he had put 20 to 50 percent of it in QQQ in October of 2000. He was careful to say 'model portfolio' several times, so he wasn't technically lying, but I thought it pretty smarmy, because it was very misleading for listeners who don't know the whole history.
"It's been obvious all along that he has been covering up the QQQ call, but I thought his statements yesterday carried this to a new level of deception." - 2/19/2006
"His official record is not correct at all, because it is, as you point out, incomplete. It only includes his model portfolios. That's where the deception is.
"If he were committed to providing full disclosure of his record to potential subscribers, he could have created additional portfolios to track the performance of the QQQQ buy, or perhaps he could have found some other way of accounting for it that I haven't thought of. He did neither." - 3/12/2007
"I think Brinker's 'Princess of Wink' stuff was below the belt, even though she is a public figure." 3/15/2007 |