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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: octavian who wrote (33858)10/19/2007 9:17:25 PM
From: Kirk ©  Read Replies (1) of 42834
 
"Either your memory is faulty, or you are spinning again in an effort to downplay Brinker's successes.During the height of the tech bull, many callers said they were up hugely in MSFT, and wanted to know if they should be selling down to 4%. Bob told them it was OK to hold onto MSFT as long as the COST-BASIS was no more than 4%. "

Maybe you are confused about facts that involve dates and numbers again. It seems to be a habit with you when you address points I make here.

I have open in front of me his Nov. 1993 newsletter where he lists MSFT as a BUY AND he says quite clearly "specific stock positions should be limited to 4% or less of an equity portfolio.."

THAT is a DIRECT QUOTE from 1993.

I got that newsletter when someone told me this guy on the radio like a stock I was buying.

MSFT was only a couple of dollars back in 1993...



Maybe he made this radio advice after the fact like when he told his subscribers this summer that the secular bear market that never was ended a year earlier.

or was it like him taking credit for recommending Gold? Here he was telling his subscribers from as early as 1993 to limit MSFT to 4% but when it is up 20x that... he says something different.

What is quite funny... that issue has MSFT as "rated a buy into the $80's" and it was at $80.125, pre splits of course.

BTW, I have a friend I met on the internet who said in the mid 1990's that selling MSFT on Brinker's advice to stay at 4% nearly cost him his marriage. I explained to him my method and how I thought 10 or 20% was OK if you were aware of the risks and took profits on the way up to get several times your money out. He became one of the first people who subscribed to my newsletter after that.
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