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

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To: Boca_PETE who wrote (42792)4/15/2009 6:43:26 PM
From: BFree1 Recommendation   of 42834
 
In that case then absolutely no offense taken Pete.

Obviously there is no more omniscience involved in my post than yours ascribing motives as pure as the driven snow to Brinker in warning them not to listen to billionaire investors like Soros who brinker does not know what market positions the man has--than in believing Brinker wanted to get out the idea that he had recently became bullish and was contrasting his astute marketiming to that of George Soros.

Obviously this is not a thread for serious investment discussion because it is about a marketiming guru who has proven himself inept and lacking in candor. How much worse could a marketimer do in this market? What sort of hubris is needed to lambast someone who is bearish on the market (remember Brinker railed against guys (if Soros was shorting then) who were bearish in the market at 1400 and said they were "Cassandras" and "false prophets". Now Pete, don't you find it somewhat silly for Brinker to be contrasting his astute marketiming with George Soros when we know at least in Brinker's case that he was bullish and and a raving maniac BUY BUY BUY bull at several spots all the way down? Can you imagine how much money someone made if they took the opposite side of the trade of Brinker all the way down from 1565?

And of course we know that Bob Brinker has those QQQQs still hidden but on those who believed in him with up to 1/3 of their money in 2000 at about 80$$ . Now Pete, how sharp a tack is this guy railing against George Soros who 8 years later has 1/3 of a portfolio stuck in an investment that is less way under 50% of the purchase price?

Don't you see my point that Brinker decrying how stupid and manipulative other investors are --especially ones not selling their advice--is beyond laughable?

It's a hoot to watch the guy. Now Pete here's a question. If the market goes up and like last weekend someone calls his show this next weekend thanking him for getting out of the market at a much higher level--do you think he will c orrect them this week or let it stand like last week to give a false impression?

If someone gives him kudos for the great gains in the market over the last month--less than a quarter of what was lost--Pete, do you believe for one minute that Bob Brinker will tell them that he was wrong and had lost far more money by being in the market than the market had gained in the short rally?

If the market tanks this week will Brinker give another "I'm sure glad we're fully invested" silliness or keep silent?

Brinker discussions are not about prudent investing. Heck from what I read he greatly underperforms a money market fund in his fixed income investment advice. It's about entertainment. :)

Have a good evening as well my friend.
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