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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: queenleah who wrote (40619)11/18/2008 1:03:12 PM
From: joefromspringfield2 Recommendations  Read Replies (1) of 42834
 
Queen

I did not say the QQQ losses were small potatoes. Thousands participated and millions of dollars were lost. You are distorting my words to try to make Brinker look good but then we all know that is your agenda. Others who did not follow Brinker also rode the market down but the were not paying an advisor who had been telling them for years that all they had to do was send him $185 each year and they could avoid bear markets. Brinker clearly failed them and I suspect he will pay the price in fewer renewals.

Brinker's record in 2008 speaks for itself. Buy the S&P 500 at 1400, 1300 and 1200. Now in the 800's he is dollar cost averaging. Then there is this.

STOCK MARKET BEARS.... Brinker said: “So what we have here basically, is an example of false prophets and it’s sad. And the reason it’s sad is the damage done. Think of the people that are looking today at the market, S&P at 1400 and they’ve been scared out of the market in the first quarter by these bears………It’s just amazing and yet these people are out there, and these people are not happy, I’m sure, to find themselves out of a rising market since March. To find themselves looking for ever lower prices when in fact we’ve had the opposite.

Now these people are sitting in the catbird seat with those watermelon smiles while Bob Brinker has egg all over his face.
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