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

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To: eighttimes who wrote (42814)8/16/2010 11:05:15 AM
From: Kirk ©3 Recommendations  Read Replies (1) of 42834
 
About once a year, Mark Hulbert does a full page write-up on each of the newsletters he follows. This was what he said about Brinker's results that do not include Bob Brinker’s QQQ mistake:

Brinker’s fund selections on average have lagged the market. The HFD reports a 10.1% annualized gain for his “Aggressive” portfolio, which is 0.5 percentage points per year less than what this portfolio would have made if each of its funds were invested in the Wilshire 5000 during the times they were owned.

and

Please note: In late 2000, Brinker forecasted a several-month bear market rally and recommended an investment in the NASDAQ 100 Index—a trade that turned out quite unprofitably. However, because Brinker at the time of making this forecast chose not to make this trade part of his model portfolios, his HFD record did not suffer as a result.
__ Mark Hulbert on Page 5 of the March 20010 issue of "The Hulbert Financial Digest"

What Hulbert says about the QQQ is quite misleading. Nowhere does Brinker say in the document that he was not going to put the cash held in reserves into the QQQ.

If you had 65% in cash reserves waiting for Brinker to give you instructions on when to invest it, what would YOU have done if you were aggressive and got the following letters in the mail?

I know for a fact that the managed accounts Brinker was advertising for "money management" in his newsletter were invested in the QQQs and I'll post proof below.



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