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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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To: Math Junkie who wrote (1722)10/26/2007 3:38:40 PM
From: InvesTingRead Replies (1) of 2121
 
Well when it's "mythical money" as Brinker's newsletter investing is-one can I suppose claim nearly anything.

In this situation we know

1) Brinker sent that bulletin urging but conservative and aggressive subscribers (only those who wanted to make more than 20% profit in two to four months mind you) to use large amounts of what he described as "cash reserves" --monies gained when the equity allocation was reduced by 65% including the model portfolios.

2) Brinker spent all but about 3 lines of the first two pages of the next newsletter pimping the QQQ trade and claiming that "the great advantage of having cash reserves is to be able to take advantage of these counter trend opportunities when they are identifiable". -- Thus anyone who had assumed that Brinker wanted them to use their model portfolio cash reserves to buy the QQQs were comforted in that holding them or even increasing their allocation to the maximum exposure for their risk profile as Brinker once again outlined in the December newsletter was indeed his BEST ADVICE.
(Further we have the evidence that every BJ Group investor was stuck into the QQQs according to their risk profile because of this "opportunity identified by Bob Brinker".

3) Brinker claimed that within months "We will identify an exit point and return the monies to "cash reserves".

Now can you say with any kind of certainty that Brinker had no inteniton of claiming these "cash reserves gains" would not then be entered into the model portfolios? Of course not--all of thise stuff Brinker makes up as he goes along.

Further, Brinker over and over reiterated how much followers would have in the QQQs and used his description of the model portfolio profiles to quantify them--to give the impression that Brinker urged, asked, said it might be a good idea, even hinted that anyone following his advice should sell the QQQs and put the money back int "cash reserves" until he "identified the time to sell and return to cash reserves" is simply not true.

The only item you quote had to sound to any follower as a "bookeeping" reference. As in "since this is a short term opportunity we won't put the qQQs in the model portfolios on page 8."....but coupled with how much the subscribers should have in the QQQs, and how Brinker would "identify the exit point" and return the monies to "cash reserves"; any reasonable person would assume they were following his advice to the letter to hold the QQQs purchased with cash reserves from the model portfolios.

Any other interpretation simply is beyond what even Brinker tried to pull. Total dishonsty.
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