Bob Brinker, Moneytalk and Marketimer Message Board

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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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To: queenleah who wrote (1641)	10/17/2007 4:03:45 PM
From: InvesTing	Read Replies (2) of 2121

Well I don't understand the thinking would be first and foremost. You first said you were "out of state" when the January call was made. Then I pointed out that you had at least a year during which you could have acted on the advice of Jan. 2000 had you wanted to, therefore it seems the "out of state" when the letter arrived mention of yours had nothing at all to do with your decision not to follow Bob Brinker's marketiming even though you were paying for the newsletter. That is very interesting. You pay for the newsletter, you even claim to remember what was said in the December newsletter prior to the January "tactical asset allocation I am NOT BEARISH" call. You even offered a flattering opinion as to why Brinker put something in the December 99 newsletter (that I dare say nobody else remembers). You claim to have fretted over missing the newsletter being out of state. Yet you had opportunities to sell equities for an entire year, often at several % points above Brinker's January 2000 recommendation and you did not. You had to make a conscious decision not to bet along with Bob---even though you apparently memorized a Dec. 99 newsletter. Then the most interesting of all! Having not sold a thing while Brinker had become "bearish" and even encouraged those who did not sell out in January to do so at the highs of the summer--you did nothing!! But when Brinker sent that either incompetent or dishonestly written ACT IMMEDIATELY bulletin that contained no price, no date, no risk, no suitability ....you ACTED IMMEDIaTELY and bought some near 80$$ QQQs. Now I see in a post you thought it was unlikely many used 50% of their "cash reserves" (I and I believe most of his critics did not because I had made up my mind that Brinker was as full of it as a Christmas goose long before that brain dead letter). I think your own action belies that claim. Indeed it seems the only thing stopping you from buying more QQQs than you did was that you just didn't trust Brinker's bearish call and had left everything in the market and yet were anxious to buy more as you did. I think it is a great case study in how worthless subscribing to his newsletter was for you. You had no benefits and all the pain. I'm guessing that is a very likely outcome for many guru followers. I'm sorry for your losses in not being able to really act or not act appropriately. Of course if one has a good asset allocation, that is well diversified, they don't find themselves worring about being out of state or when the next big trading idea is going to arrive in the mailbox.

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