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

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To: Boca_PETE who wrote (42784)4/15/2009 8:49:07 AM
From: BFree2 Recommendations  Read Replies (1) of 42834
 
Pete said,

<<Hello NEWman! We don't know whether Brinker personally is up or down. I suspect he keeps and acts personally upon his best investment skills himself.

We do know about the results of his formal advice to subscribers from his published newsletter.

I took Brinker's comment on Soros to be a warning to listeners to beware of the hidden agenda and conflicts of interest of interviewed pundits, not to personally attack Soros. I see nothing wrong with such a warning. Isn't it correct? Should investors not concern themselves with the hidden agenda and conflicts of interest of interviewed pundits>>

Interesting takes Pete. So you believe that Bob Brinker has "investment skills" that are profitable to him that he does not share with the public and that he could be making money while those buying his advice or using his wrap fund are losing their A##? Isn't that very very far fetched even for someone who wants to see Brinker as the "savant" many were fooled into believing he was when this thread was started?

Anyone with common sense knows that Brinker has a black/white, right/wrong approach to the market and is intransigent to change his stance once announced no matter what the market does. He has demonstrated this many times. To believe that Brinker was selling short when telling his subscribers or wrap fund holders to buy buy buy, is just plain silly.

As to your take about what Bob Brinker was doing with George Soros comments, again in providing an alibi for Bob Brinker, you miss entirely what Brinker was doing.

While creating a boogey man of Soros who he portrayed as a happless investor who was in extreme financial pain, Brinker was most interested in getting credit for being bullish for this 20% run in the last 3 or 4 weeks. His point was that he was bullish and Soros was bearish. Brinker was "right" and Soros was "wrong". Along with other calls documented on Honey's Blog, Brinker did not shy away from taking credit to callers who acted as though he told them to sell out last year near the highs in the market.

The same ruse he used in the monologue about Soros. One could take away that Bob Brinker became bullish at just the right time. Of course we all know that Bob Brinker was bullish all the way down with over 50% losses and the recent rebound is not even a good start toward restoring the value lost by those following his antics.

What is particularly ironic about this hubris is that Bob Brinker yelled "BUY NOW" at many many points as the market fell from 1565. Indeed he made a big buy call about 800 or so giving himself another broad range to claim victory in. Then the market dropped further and he gave up apparently calling a bottom. Then the market hit the 660s and rebounded. In the diatribe against the billionaire (Pete do you honestly think Brinker has these private investment skills that approach those of George Soros, though often I think their 60s left wing politics are similar).

Brinker wasn't "warning" anyone about George Soros' . Brinker was pretending to be right when Soros was wrong. Brinker has been wrong for so long he hasn't had a chance to pretend to be superior to a much larger figure than himself for a long time.

Brinker is a petty, jealous person looking for a dog to kick. Soros was handy. If Brinker was really serious he would have been forward looking. Nobody can do anything about the bounce from early march except buy or sell now. Did you notice that Brinker was not gonzo bullish going forward claiming that Soros would continue to be wrong if he was short the market? Isn't that what is important?

The truth is Pete, Brinker has been exposed as a talker, not a "savant". This time he couldn't wiggle and talk his way out of being totally wrong. He is desperate to "reset" the clock and hope the market goes up and somehow get people to think he called a bottom (and forget he took the elevator to the bottom) and is rightly bullish.

Desperation and envy is the only thing one could take away from that misleading diatribe about Soros.

Btw, did you have those same fears when Don Lane was touting the purchase of UTEK and it turned out that Brinker had an undisclosed profitable relationship with the company at he time Don Lane was pounding the table for it? :)
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