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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: BFree who wrote (41472)12/21/2008 8:52:25 PM
From: Honey_Bee  Read Replies (1) of 42834
 
Bfree asked some questions:

"Has anyone ever heard Bob Brinker say anything about being sure your state general obligation bonds are backed by treasuries before this weekend?"

Never! Brinker has never talked about that subject or even said there was such a thing before yesterday!

"How anyone can trust this guy, makes as much sense as sending money to Maddow, knowing what we know."

They trust him because he has six hours on the national airwaves to pull the same crxp that he pulled on the California GO's with his "model portfolios" and his newsletter. Did you hear his big pitch today about his newsletter? I think it was possibly a set up call. A woman asked him to make a political statement in his newsletter. He then took several minutes to explain that his newsletter was not about politics and followed up with a rundown of what it (supposedly) has in it.

"Does anyone not believe that rather than saying: "You better watch California Bonds, I was too confident in my previous advice", Bob Brinker is not just doing a CYA?"

I believe that Brinker was doing a 100% CYA. And from now on, if anyone gets whacked in CA Bonds, he'll say that he warned them and told them he only recommended the Treasury backed -- mark my word -- it will happen.

"If your advisor has to go to this great effort to make himself look good while abandoning the previous advice do you not have a concern?"

I am sorry for those who have no way of recognizing a real shark. Maybe they are not on the internet, or simply don't look any deeper than Hulbert's or bb.com for information.

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