Bob Brinker: Market Savant & Radio Host Message Board

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

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To: Kirk © who wrote (4381)	3/30/1998 10:03:00 PM
From: Rillinois	Read Replies (2) of 42834

Bob finally came clean on NEW ASIA! It was very nice of Bob to finally put to rest any doubt about his NEW ASIA recommendation. Bob clearly and specifically explained his sell recommendation of NEW ASIA on his Sunday show. Prior to Sunday's show, my contention has always been that Bob frequently "conveyed a false image or impression" that he recommended sale of NEW ASIA because of the impending Asian crisis. (See post # 3763) In fact, Justa Werkenstiff confirmed three distinct times on this thread that Brinker had left a false impression with him regarding the sale of NEW ASIA. (See post #3996) But that was the past. This Sunday, Bob very clearly and distinctly acknowledged that the sale of NEW ASIA was due to the lagging performance of the fund and that he did not feel the performance prospects of the fund were going to get any better. He went on to admit that he had no idea that a pending Asian crisis was eminent and he reiterated that the sale of the fund was not due to any foresight he had regarding the region. Bob also made mention of some confusion that was still out there regarding the reason for the sale of NEW ASIA. Perhaps, he was referring to this thread. Whether he was or not, I am proud to say that what I heard on Sunday was enough to put this issue to rest in my opinion. The question I posted to Bob on December 19, 1997, on Bob's board on AOL was the following... "Were the concerns expressed in the newsletter a result of the poor underperformance of the fund since 1994 or was it foresight into the future meltdown of the region?" ...It was left unanswered at the time, but I finally feel like he answered my question honestly and completely. Thank you, Bob, for your straightforwardness in answering this question. (Better late than never. <g>) Even the best get lucky every now and then. The fact of the matter is NEW ASIA was an underperformer and the move from NEW ASIA to INTERNATIONAL GROWTH had nothing to do with the pending Asian crisis. Best Regards. Rillinois P.S. I wonder if the few SPIN DOCTORS on this thread who were defending Bob's sale recommendation as nothing less than Bob's market savvy to side-step a market meltdown will finally come clean too, or will they continue to believe that Bob saw the crisis coming despite his admission that he had no prior knowledge of such a crisis?

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