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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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To: Kirk © who wrote (1480)10/8/2007 9:53:27 PM
From: Honey_BeeRead Replies (3) of 2121
 
If at first you don't succeed. 8^)
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Here is a post by doctorj2 that speaks quite eloquently and comprehensively about the newsletter and ABOUT BOB BRINKER. I'm guessing this may be the one that cooked James goose--so to speak. Or as he put it, made him "persona non grata."

Doctor James wrote all of the following:

"Bob got pulled from the airwaves here in South Florida a few years back but I had noted the declining quality of his show before he got the boot. I have caught it a few times since while traveling and on the internet but the quality of his show appears to be in steady decline. This is rather sad because Bob Brinker's show I believe was once quite valuable for beginning investors and certainly help keep them out of the jaws of the land sharks.

I remember his call to get 60% out of the market back in January 2000. The truth is I was ready to bail out long before then and it was my trust in Bob that kept me in from I'd say the summer of 1999 to early 2000.

Obviously his QQQ countertrend rally call in October 200 potentially erased most or all of the market timing benefit of his earlier pretty good call. I think that terrible QQQ call and his desire to distance himself from it put him on the defensive and he has never recovered. Another possibility is that he may be becoming senile. The loss of some cognitive function at his age is not all that uncommon but he seems to be going down hill faster than many of his peers.

In any case it is rather sad to see the not-so-new and disproved Bob struggle to sell increasingly useless newsletters and hold onto what must surely must be an increasingly bored and shrinking radio audience. I still get his newsletter but this year may well be my last. Even so I wish there were some way to revive the old Bob who seemed more bent on helping people become better investors and less preoccupied in selling us increasingly valueless "information".


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