Kirk said: I guess I typed too fast. Let me make it VERY easy to understand.
I disagree. I think Brinker should have advised shorting QQQQ in October 2000 when it was in the $80's. THAT would have been a profitable trade.
Thank you for clarifying that you disagree with David's retroactive recommendation. But the "shorting" solution to the issue sounds like woulda, coulda, shoulda to me. You think that Brinker should have advised shorting? Of course, when one is looking at a trade seven years later, it's easy to see and to say "well, he should have done this, that would have been profitable". If only that was realistic, we would all be wealthy investors and the only poor would be those who don't invest. But it's only hindsight, which is worthless.
I could be wrong, but I certainly have to disagree that Brinker should be advising shorting to his subscribers, most of whom are everyday citizens and not day traders or investment experts. If I'm wrong, someone may tell me so, but I don't believe I've ever heard Brinker advise shorting. Nor, IMO, should anyone be advising shorting to anyone but the most experienced, successful, vigilant and risk-tolerant investors. |
