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

To: ig who wrote (11649)	1/13/2001 9:38:19 PM
From: geode00	Read Replies (1) \| Respond to of 42834

I am in from 53 1/2 and I expect to see an easy double It is clear to see from this statement of yours why you are so sanguine about a very, very bad call. You obviously did not listen to and act on BB's original bulletin. Why didn't you get in at the original buy-in? For you to then chastize those who actually listened and acted when BB said to is disingenuous at best. You , Richard Palm and others should really understand the gist of the debate. No one expects BB to make a perfect call each and every time. He should, however, admit it when he makes a mistake, fix it as best he can and then go on. He should not hide it as if it didn't happen. How can you continue to trust the advice of someone who does that? He constantly makes fun of the wrong calls of his peers when they have no ability to defend themselves (if they cared to). Why is everyone so surprised when he gets a taste of his own bad medicine? BB, all by himself, hurts the image and the confidence he has spent so many years building. It is a pity really but since it affects the portfolios of so many the real pity goes to his poor customers.

To: ig who wrote (11649)	1/13/2001 11:28:38 PM
From: Chris J. Horne	Respond to of 42834

International Grandmaster, Appreciate your perspective, thought and response. I can appreciate there are a few troublemakers on any public board, but I think even after Bob weeded them out, he still could not deal with the criticism. "But how far does Bob have to go to "own up to it? Does that mean he has to talk on the air to every cranky holder of his QQQ call? Does that mean he has to provide an online forum for every disgruntled boob with access to the Internet?" After issuing a bulletin saying to buy at the earliest opportunity, he might say something like this in the following newsletter: 'Our bulletin recommendation to get in at the earliest opportunity resulted in many of you buying in the low 80s. If you only went with 25% of your cash, you may consider putting another 10 or 15% in now that we are in the 60s. I still think you will end up ok. Just stay the course.' "...there's no way to placate ALL these people." Many of these people are not very sophisticated. They are scared to death and looking to Bob for guidance. When he basically ignores his bulletin instructions and starts censoring their pleas on his board, they naturally get a little angry. "And what is a "Good Call," anyway?" A good call from Bob is one that, if followed exactly, produces a return above the total market index. I KNOW every trade is not profitable. When you buy a stock and it immediately goes south by 20% or 25%, that is a bad trade by (almost) anyone's standards. I have made more money following Bobs advice this year than I lost on the QQQ trade. That does not make the QQQ trade a good one. I do not expect every trade to be profitable. But when a trade is not profitable, I expect it to be presented and discussed just as much as the good calls and trades. With Bob, this does not seem to be the case. "I wouldn't say that Bob's QQQ was "bad" at all." You are in a minority of one on that view, I believe. You say "Good for him" for shutting down criticism of his QQQ trade. If he sets up a forum, either phone or internet boards, he should permit objective criticism as well as praise. Again, Bob seems to lack tolerance and be unable to deal with criticism. To me, this is no way to treat customers, whether listeners of the show or newsletter subscribers. If you only present positive information and ignore the negative, this is fraudulent. It is persenting an image that is not based in fact. Any amateur can make a bunch of calls, and tout the ones that work out and ignore the ones that are not profitable. A real professional can stand to own up to his mistakes. "If being "accountable" means playing Sisyphus, then the answer is NO." Just acknowledging that the trade was called and instructions or reassurance for the readers (customers) would be enough for me.

To: ig who wrote (11649)	1/14/2001 12:41:12 AM
From: Investor2	Respond to of 42834

Nice post. And nice buy at 53 1/2. Best wishes, I2

To: ig who wrote (11649)	1/14/2001 4:56:39 AM
From: Math Junkie	Respond to of 42834

Great post. Thanks for writing it.

To: ig who wrote (11649)	1/15/2001 3:15:55 PM
From: KevRupert	Read Replies (1) \| Respond to of 42834

Bob Brinker Discussion Thread: Could someone please provide any info on why the discussion threads were taken down at Bob's site (www.bobbrinker.com)? Thanks in advance!

To: ig who wrote (11649)	1/15/2001 3:21:28 PM
From: LTK007	Read Replies (1) \| Respond to of 42834

this as whiny a post as i have come across in sometime,sounds like you bet FAR too heavily and now are hanging by your thumbs and are looking for a scape-goat.That is your responsibilty not Brinker's. plus this is a ludicrous statement and one i feel sure brinker would reject <I'll even go a step farther and say that the Qs will exceed 100 within the next year or so.> Brinker LIKE MANY others made a QQQ call based on the traditional Nov./Dec rally,a sequence of remarkable events happened to cancel that call---so what,it's the Market.Max

To: ig who wrote (11649)	1/15/2001 3:30:05 PM
From: Brandon	Read Replies (1) \| Respond to of 42834

Great post I-G. While I agree that when you screw up its on you to admit it, I dont see anything that Bob Brinker did which was really a screw up (though he was wrong in his market call, thats not a screw up per say). A number of people are complaining, even going to court over this QQQ call. I wonder how many people there are in this group who Bob Brinker threatened personell harm if they choose not to buy the QQQ on this call. Of course this dindt occur to anyone, but most people like to B&M and not take accountability for their own actions. One of the dangers of following market calls issued by others is you may have no idea why these calls are made. Because of this you have no idea when they are proven wrong. If you still choose to play, your the idiot. The only person to blame is the one you see in the mirror. Brandon