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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer
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To: Kirk © who wrote (1612)10/15/2007 12:51:20 AM
From: queenleahRead Replies (2) of 2121
 
Kirk said to queen: You asked me if I agreed with David's comment that Brinker, as a trader with experience, should have set a stop loss rather than continuing to suggest buying as the QQQQ fell from $87 where he was recommending it to the mid $40's when he put it on hold.

No, Kirk, I asked you if you disagreed with David's comment that Brinker as an advisor should have advised a stop-loss on the QQQ trade to his subscribers. We were talking about Brinker as an advisor, and what he did or didn't do or should have or should not have done as an advisor, not "as a trader with experience". Kirk's own words from post #1589: I don't understand this talk of a "stop loss" as related to Brinker's QQQQ advice. (emphasis added)

Also, Kirk's own words from #1597: 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.

What he did or didn't advise his subscribers was the topic, remember? Originally, apparently sidestepping the question as to whether you agreed with David regarding stop-loss advice, Kirk said that obviously Brinker should have shorted the Qs instead and covered when it bottomed.

I don't believe Brinker has ever advised his subscribers to short the market on anything. What Brinker should have done with his own portfolio, allowing for hindsight as in "he should have shorted and then covered when it reached the bottom", is beside the point.

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