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


To: Rillinois who wrote (14598)6/20/2000 11:32:00 AM
From: Nandu  Respond to of 15132
 
And if the Nasdaq made a steady climb from here to 5000 taking the S&P 500 up with it to 1600, you can be sure the QQQ buy call would be portrayed as an uncanny bottom call on the market.

So what?



To: Rillinois who wrote (14598)6/20/2000 12:15:00 PM
From: Investor2  Respond to of 15132
 
Re: "---Is it how he can smoothly start planting the seed for marginal new highs in the S&P on top of the already marginal new high in the S&P reached in March?"

I missed the show last weekend. Is Bob saying that we may see marginal new highs in the S&P?

Thanks,

I2



To: Rillinois who wrote (14598)6/20/2000 1:20:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 15132
 
What, specifically, has astonished you this year about Brinker?

For one thing, people could have made more money in a money-market account or CD than in the Dow/S&P 500/Nasdaq/Total-stock market YTD. And with a lot less heartburn, I might add.

Also, when everybody is saying that happy times are here again, Brinker is saying that what we are seeing in the Nasdaq is just a bear-market rally and it will be back to "misery time" again in a few months. I have a hunch that he will be right -- again. But we have to wait and see on that one, of course.



To: Rillinois who wrote (14598)6/20/2000 7:36:00 PM
From: T J Krueger  Read Replies (4) | Respond to of 15132
 
What, specifically, has astonished you this year about Brinker?

What Brinker has done this year is not as important to me as what he has enabled me to do for myself. A number of years ago I found myself a widow and, investment wise, dependent on my full service broker.
I didn't know the difference between a bond, a stock,a mutual fund, a bull or a bear, etc., and this is exactly the way my broker liked it. This broker, from a major brokerage, had put most of my husband's IRA into Limited Partnerships. He pretty much had free reign to do as he pleased - and I did whatever he advised.

Then one day I chanced across Brinker on the radio.
I found the courage to take my account away from the broker [who assured me I would fail at my new venture] and started investing on my own. I made a lot of mistakes, had way too many mutual funds - but, bit by bit, I learned. One day I even decided that I could start trading individual stocks...even opened up an online account.
Today I am financially secure, have reached critical and then some. I have not followed Bob's portfolios exactly - but I've done extremely well.

A number of my friends could tell this same story since they too, with my advice, started listening to Bob and learning on their own.

My guess would be most of his listeners do not have the knowledge that you that post on this site have. However, we are the "silent majority" - and listen to Bob whenever we can.
As for this year - I can relax and let the market do whatever it's going to do without fretting.
For this I say God bless Bob.

As for David Korn ---
sometimes I cannot listen to Bob or failed to hear exactly what he said - David's notes have helped immensely with this. It has enabled me to not only hear - but read and think again about Bob's advice.

I sincerely hope Bob will continue with his program. There are undoubtedly many people out there who today find themselves in the same situation that I was in a few years ago. While it all seems relatively simple to me now - there are still those who've no idea the difference between a stock and a bond - a bull and a bear, etc.