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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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From: InvesTing10/22/2007 7:16:27 AM
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The difficulties in making sense out of Brinker's deception is compounded when people try to go farther than even Brinker himself did.

1) Brinker sent the QQQ bulletin urging both aggressive and conservative investors to use major portions of their portfolios including money raised from model portfolios to buy QQQs in Oct 2000.

2) Brinker bragged on that call and encouraged the same % of monies raised from sale of equites including the model portfolios in the November newsletter, the December Newsletter, the January newsletter.

3) Brinker not only DID NOT tell subscribers to sell QQQs bought with the advice in Oct. 2000 to use funds INCLUDING MONEY RAISED FROM THE MODEL PORTFOLIOS in the November newsletter, he encouraged them to hold on to the QQQs. He has to this day Seven years later never told them to sell those QQQs using moneys they raised from model portfolios.

It is beyond belief that any honest person would read the November or any subsequent newsletter that Bob Brinker wrote and claim that any subscriber would take away from the newsletters that they were to sell the QQQs that Bob Brinker told them to buy without mentioning the portfolios and was now telling them was going to make "significantly more than 20%" gains in the next couple months.

There is simply no truth to the jive that Bob Brinker recommended subscribers sell the QQQs in November. Brinker's only reference to the model portfolios and the qqqs was after the purchase and towards the end of two pages of of hype of the call and sounded like a bookeeping entry on page 8. Brinker's plan of course was that these QQQ shares would be changed into "cash reserves" again very soon when Brinker "identified an exit point in the next few months".

He even boasted that "one of the benefits of having significant cash reserves is that we can invest in these countertrend rallies when they are identifiable".

Anyone trusting Brinker enough to buy QQQs would never have thought that following Bob brinker's advice meant selling QQQs before Bob Brinker said to sell them as his hype on the trade consumed nearly all the first two pages of his newsletter for months.

I don't understand why some feel compelled to shade the truth of that disaster. Between claiming that subscribers would have sold the QQQs in November and Queen's unexplained insinuation that she subsequently made up "many times over" the losses she suffered by not taking any money from the stock market as Brinker suggested and buying the QQQ shares via his advice there are claims for Brinker's moves and his value to investors that just don't add up. I just don't understand the motivation.
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