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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Skeeter Bug who wrote (42104)1/13/2009 10:18:28 AM
From: Honey_Bee  Read Replies (2) of 42834
 
Hi Skeeter Bug,

I agree that Brinker lost his integrity, but I think that it first became abundantly clear in 2000 with the QQQQ-calls, and subsequent cover-up.

He was successful at keeping that disaster off his official record, and he buried it when he issued a new buy on the Nasdaq Index after the price dropped over 70% -- that was when he added RYOCX to all three of his model portfolios and later claimed he made a profit on the index.

In the ensuing years, he made a good "all-in" call in March 2003 and rode that for many years (or so it seemed until the S&P dropped below that buy level November 20-21, 2008).

Now that once again, the market has taken him out with the "piano player" while he was fully invested, all he has had to say about it this past year is that his "work" didn't see this coming.

Last year, those who actually followed the advice he was selling, lost (at the bottom) over 50% of their money in portfolio I and II, and 25% in the balanced fund (port III).

.
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