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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Cautious_Optimist who wrote (10490)	10/20/2000 2:28:34 PM
From: Ken Brown	Read Replies (2) \| Respond to of 42834

I don't think Bob Brinker has the power to move the NASDAQ I don't really think so, either, and I hope it stays that way. I was just bringing it up as a possible reason why he might think it better to not to let his subscribers in on his trading decisions at the same time BJ Group finds out. I do believe that the dissemination of the information to non-subscribers is the main reason he would be concerned about it. I see no way to prevent this, and it hurts all of us (subscribers). Obviously he's not about timing to the hour or the day, but sometimes the market doesn't listen. I'm sure there are a lot of frustrated subscribers out there who would strongly disagree with you if you think getting his bulletin after yesterday's close (10/19) is just as good as getting it, say, after Tuesday's close (10/17). Or, before the start of last Friday's (10/13) trading, which is when the BJ Group likely got it (IMO only). Ken

To: Cautious_Optimist who wrote (10490)	10/21/2000 5:02:44 PM
From: Shane Venem	Read Replies (1) \| Respond to of 42834

Apparently Brinker thinks he did indeed move the market when he gave the famous "buy QQQ" recommendation last spring. On his show today, he attributed the gap up in the QQQ that Monday to his call on the radio. This is the reason he will no longer make those calls on the radio and why the latest call was made in the newsletter only.

To: Cautious_Optimist who wrote (10490)	10/21/2000 7:33:47 PM
From: Mike Ankley	Read Replies (1) \| Respond to of 42834

According to TheStreet.com - Brinker can move the NASDAQ: thestreet.com "Yesterday was one of those days. Coming in to the day we had aggressive Nasdaq 100 buying. I couldn't figure out where it was coming from. No one in my office could either. Some of that aggressive buying from the get-go, it turns out, stemmed from a radio report by Bob Brinker, a man whom I do not closely follow, who had been negative on the market since January. His decision to go positive for a trade over the weekend probably moved the thinly traded market that was yesterday's session substantially. He has a huge and deserved following. " ... "I now understand they were ramping because the public was buying the QQQs off the Brinker report. Remember, Brinker, while well followed among retail, does not fit into the firmament on Wall Street. (That's probably good.) Not one broker or trader said to us yesterday "I see a ton of QQQ buying." That's because it was all retail buying. But buying of the QQQs yesterday moved all of the underlying stocks, and not vice versa. "