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

To: Rillinois who wrote (10744)	11/11/2000 9:39:17 PM
From: stock bull	Respond to of 42834

Rillinois, re:<<Re: In his current newsletter, he says to put 30% to 50% of cash reserves in QQQ in the low to mid 70s, not even mentioning that he recommended it at 83 (the earliest opportunity). Not only does he not mention it, Bob is trying to establish a new closing low as the benchmark for the trade. He originally forecasted 20% upside from the closing low of 3074 (QQQ 75) on 10/12. Now he is setting the framework for the Nasdaq closing lows to be as low as 2850. Bob is now forecasting 20% upside from these new lows.>> Here's the problem. In the Bulletin, Bob said that his recommendations should be acted upon immediately. At that point in time, the QQQ were trading around 83. In the Newsletter, he said something quite different. If you are a subscriber to the Newsletter, you should have received the Bulletin. Therefore, you should see the discrepancy in Bob's recommendations. IMO, this is a very serious issue. Stock Bull

To: Rillinois who wrote (10744)	11/12/2000 2:07:49 AM
From: Raven	Respond to of 42834

<There should be some sort of monitoring of advisors, like "Morningstar" for mutual funds.> (From the other site) There is. Mark Hulbert can be found in many libraries. After Bob failed to recognize the '87 crash Hulbert ranked Bob at the very bottom of all advisers. Only Joe Granville was lower. For years Bob dismissed Hulbert's rating though Hulbert was to "Advisers" what Morningstar is to Mutual Funds. But I think Bob has matured enormously since those days and he has sincerely tried to educate himself and improve his signals. The '87 experience and the ridicule that followed for years must have effected him greatly. His macro call of the 90's has been enough to change those ratings. Perhaps Bob is a little over zealous in his short term attempts, (he never did show any prowess for this except for this year's call of the QQQ's) but he may still be proven right. Why not wait a little longer before judging. The barn door hasn't closed yet, has it? One question....has there been a noticeable absence of any market talk on his show? Almost as if it is screened out?