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


To: rsie who wrote (14130)6/2/2000 11:05:00 AM
From: Rillinois  Read Replies (2) | Respond to of 15132
 
richard,

Why are you so thankful? According to your post

Message 13804566

you were not able to participate in the rally because of Bob 's advice to not chase the QQQ's. And the advice you did act on as a paying subscriber was a SELL signal in January anticipating a bear market in the broad market (ie: S&P 500, Willshire 5000). This has been a lose-lose situation for you.

No doubt, Bob will become an asset allocator this weekend and blab about his NASDAQ comments last weekend, but I contend that most listeners probably took Bob's actual advice and waited for weakness in the QQQ's like yourself and thus the advice was worthless. True he anticipated a NASDAQ rally over the next 4-6 weeks minimum, but his advice did not allow most listeners to profit. In fact, most listeners are sitting on a pile of cash while the market is showing positive results (as of the time of this post) since his sell signal.

Best Regards.

Rillinois