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


To: Skeeter Bug who wrote (12646)3/2/2001 11:35:24 AM
From: Rillinois  Read Replies (2) | Respond to of 42834
 
Skeeter Bug,

Sort of like Bob. <g>

Bearish the broad market, but long the Nasdaq. The market goes down, Bob's bearish and he told us so. The market goes up, Bob's long the QQQ's and he told us so.

Either way Bob would have focused on the winner and suppressed the loser, doping yet more unsuspecting listeners to become subscribers. This is why there is now accountability in the newsletter. New subscribers are completely shunned from past "blow-ups". Admittedly, Bob has got quite a racket going on ($$$).

True there was the possibility that the broad market could have gone up while the Nasdaq collapsed, but I think that outcome had a very low probability. And in that event, I suspect Bob would have spun his after the fact bearish position to relate to the Nasdaq similar to how he does today.

Best Regards.

Rillinois



To: Skeeter Bug who wrote (12646)3/2/2001 12:23:01 PM
From: Nandu  Read Replies (3) | Respond to of 42834
 
I am not one of those people who "read just one column and cry voila!". Cramer has been consistently bearish on tech, while being bullish on the rest of the market, esp. retail, drugs and finance, since that call at the beginning of January. He had been "neutral" on tech for some time before that.

Earlier, when Nasdaq had come down to 2800, he called for a rally back to 3500 and advised people to use that rally to lighten up on tech. However that rally never came.

EDIT: Hmm... Bearish on Nasdaq and bullish on the rest of the market. That is sort of like the exact opposite of Brinker, isn't it?