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

To: Math Junkie who wrote (10801)	11/19/2000 8:44:06 PM
From: axp	Respond to of 42834

I'll stick up for Kirk on the newsletter front, but it beats me why he goads people like he did earlier. Kirk is up front about the picks that don't pan out. It's as plain as "I blew it". For every pick there are reasons for buying, reasons for selling. I also subscribed to MarketTimer for two years and was extremely disappointed. I still don't know why I signed up for the second year - maybe I was hoping something would change. 80% of the content is unchanged from month to month and consists of lists of mutual funds. The stock picks often get no discussion at all and I never saw anything that indicated a pick didn't work out. Just a stock on HOLD for month after month with no commentary. Compared to Market Timer Kirk's newsletter is like a breath of fresh air even when things aren't working out because you can understand why things didn't work out and learn from it.

To: Math Junkie who wrote (10801)	11/20/2000 12:39:31 AM
From: Kirk ©	Read Replies (1) \| Respond to of 42834

REKirk already has his own newsletter. That is why I was asking about his results. I wanted to find out if he still thinks that his approach to evaluating Brinker is fair if he applies it to himself. That's not too much to ask, is it? So far I haven't gotten an answer. SI asked me to not advertise my newsletter. To comply, I just figure it best to not bring it up. Some were goading me at one time about it, I replied and then they turned me in to SI saying I was advertising on this site! I had SI review the facts and they appologized but I still prefer to avoid the appearance of advertising my newsletter. So... to answer your direct question. Sure it would be fair. But I think the post just before this one answers it pretty well. To put in my own words: I make a few bad stock buys, often I appologize for having a dusty crystal ball, I sell, often I suggest tax loss selling strategies, I usually say what I was hoping for with the stock and what changed and thus precipated the sale. Overall, you can only look at a total portfolio for measured results otherwise you are just "mentioning" stocks and taking credit for the ones that go up and refusing to discuss those that go down. IF you have a radio show, you can screen for the calls that want to thank you for the "mentions" that go up. The rest of us just have to go on what is on the record and let the record speak. I did 117% last year and am down 10% this year. Outperformance of the NASDAQ in both up and down markets. Not perfect, but I'm fairly proud of it. Of course, I expect to have some real duds in the mix and just sold one last week and sent an appology to subscribers as I sold telling what price I was selling at. I also sent out buys BEFORE I made them and at what price I was going to do it. MSFT at $52.25 seems like a recent good buy. My last good sell was T at $37... I lost some on that stock but not nearly as much if I had held. I hope this answers your question and doesn't get me in trouble with SI. regards Kirk out PS How did you feel about Brinker today telling how he was bearish at the start of the year? My memory says he was "risk averse" and was bragging on how well his tech stocks were doing with so much less risk as the NASDAQ was going through the roof. He only said the "bear word" when a caller pressed him on it months after the move to 60% cash. This sort of stuff bothers many of us. PSS Our Brinker discussion topic rolls off our top 20 and then one of his regulars or a strange, new alias comes over to post on it. This brings it back to the top. The latest guy came over and told us Bob was brilliant as a stock picker! We answered with TV Transcripts as they are hard to spin. I repost here as the hit n run guys often don't come back, but they do read this site.