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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Alan Bell who wrote (6518)7/2/1999 9:25:00 PM
From: Gary D  Respond to of 15132
 
"Certainly all the regulars would respect Bob's desire to keep any bear calls private until announced on the radio.

"So the question comes down to whether one would believe some unknown poster saying that Bob made such a call. If someone does not believe in Bob's model enough to subscribe personally, I doubt they would believe someone claiming Bob made such a call. At least not enough to be willing to act on it."

Alan,
While I think that a bear market call may well be "brodcast" early by some (in the media or on the internet), the factor you cite may keep the effects to a minimum. Even if Brinker's bear market call coincides with a fall in the market or is even a catalyst for a fall, the media likely would attribute it to factors other than Brinker, I believe. By the time it could be determined that Brinker's market call was a catalyst (if it is), subscribers would already have been notified and will have had an opportunity to act.



To: Alan Bell who wrote (6518)7/2/1999 9:32:00 PM
From: mister topes  Read Replies (4) | Respond to of 15132
 
There have been a number of cases over the past years where
false Brinker "sell signals" have appeared on internet message
boards. In every case they have been 100% false.
Any investor who pays any attention to anything posted on
the internet but attributed to somebody else is speculating
that the poster is accurately stating the views of the party
being quoted.
Imagine selling out your portfolio because of a false post
by a prankster only to find out that Brinker continues to
recommend a fully invested position.
In that case, the prankster gets his jollies, while the investor
gets what he deserves. The internet is a pranksters delight.