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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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To: queenleah who wrote (1689)10/22/2007 2:22:54 PM
From: InvesTingRead Replies (1) of 2121
 
I understand how you could lose more by not following Brinker's good advice than following his bad advice.

And you said that is precisely what you did. You didn't sell any equities when he recommended doing so. You did buy the QQQs when he blew that call and you bit. I've got all of that.

But when I said you got the worst of both worlds and that paying Brinker for a newsletter was not financially beneficial for you--you took exception.

Then the thing that makes me most curious is that you said that you made up "many times" those losses (combined losses of being a buy and holder and taking Brinker's clinker of a QQQ trade). There is no way anythink Brinker recommended would make up "many times the losses" that you suffered as you yourself described.

It is unfair to those who read this board about Brinker to believe there was some magic formula in Brinker's newsletter subsequent to 2003 that would have returned many fold what you lost.

So you could go a long way to dispelling that myth that you seem intent on creating to admit that there is no advice Brinker gave that allowed you to recoup "many times" your losses of not following his reduce equities or his buy QQQ calls.

Again I am sorry that you lost money while paying Bob Brinker for the advice. Thank you very much for explaining your losses. Now if you would explain how those gains were arrived at it would be very beneficial as well.
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