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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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To: InvesTing who wrote (1637)10/17/2007 3:36:26 PM
From: queenleahRead Replies (1) of 2121
 
Stockie, obviously your post #1638 is written to me, although you didn't say so. But it's much too long and circuitous to respond to in one post, and I don't have much time so I'll have to respond piecemeal.

I find the claims of those who promote Brinker's worth as an advisor of great interest.

I don't "promote" Brinker or Brinker's worth. I try to promote logic over emotion and bias, and the worth of evidence and documentation over speculation and conjecture presented as fact.

Someone asked you:

"In January 2000 Brinker recommended selling 60% of stock holdings. Did you follow that recommendation? "


Joefromspringfield asked me that, I believe, and I answered him.

I was amazed you said that. You seem to be intimating that Brinker's January call was so time sensitive that if you didn't get it in early January (remember then it took from a few days to about two weeks for some to receive their marketimer every month) all was lost and you were powerless to act.

I'm intimating no such thing, stockie. I didn't say I was "powerless to act" I said by the time I found out about it, there were a number of reasons why I DIDN'T act, most of them my own responsibility. And just for the record, I didn't say it took me eight months to hear about it.

I just don't understand that at all, because once you got the newsletter you had to realize that the market was about the same as it was before it was sent OR HIGHER for months!! Curiously last night you said this.

Yes, I said that I was out of state, and that is true, I didn't say I didn't hear about it for eight months. It may be true that the market was higher at times. I didn't act on it. My fault, I wasn't paying as close attention as you do. My fault, not Brinker's or anyone else's.

Joe asked me what I did and didn't do. I answered him.

Yes, I said that I didn't act on the January call and that is true. And it's also true to this day that I lost more on NOT acting on Brinker's January advice than I ever did on the QQQ call.

What part of that is so hard to understand?
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