Bob Brinker, Moneytalk and Marketimer Message Board

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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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To: InvesTing who wrote (1645)	10/17/2007 5:49:21 PM
From: Honey_Bee	Read Replies (1) of 2121

Inves Ting reminded us that Ms. Queen quite candidly admitted that even though she is a long-time, loyal Marketimer subscriber she failed to act when Brinker gave his 60/40 sell signal in January, 2000. I see that she claims to have been "out of state" at the time and couldn't "sell a thing." Inves Ting then pointed out the fact that Ms queen had MONTHS to act on Brinker's sell signal. MOF: it is also a fact that it was August, 2000 when Brinker actually INCREASED his cash reserves (from equities) to 65%. (I must say Ms.queen, you were "out of state" for a very long time, weren't you?) 8^) Then to follow up, Inves Ting pointed out that Ms Queen DID get home in time to take advantage of Brinker's big "countertrend rally--buy QQQ immediately" hocus-pocus, which she jumped right on--paying almost top-dollar for them. . Based on these self-admitted facts by Ms queen, I agree with Inves Ting's conclusions here: "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." .

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