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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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To: the Zwei who wrote (1711)10/24/2007 7:47:38 PM
From: InvesTing of 2121
 
" Is Bob's buying opportunity still in the S&P 500 mid 1400s? "

Welcome Z. When dealing with Bob Brinker the goalposts are never stable and move according to results.

For example, Brinker claims great gains from his 2003 "buying opportunity" when the QQQs were 25 bucks.

Unfortunately Brinker called for subscribers to use up to 1/3 of their entire portfolio to buy QQQ around 80 bucks. --that was Oct 2000 and the trade has never been closed out.

Then Bob Brinker as the QQQs fell claimed that 51 was the "low for the QQQs" and they would gain "up to 50% or more in the next few months.

Try getting Brinker to own up to those two calls which have NEVER BEEN CLOSED OUT these days--he won't do it.

Brinker plays the game as the Priest of "The Church of What Works". If there is a call that is correct you will hear about it forever. If there is a call that goes badly--he hides it.

Proceed with caution and a healthy dose of skepticism. On second thought--"Expect nothing and you won't be disappointed" when it comes to Brinker's claims and you'll end up just fine.
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