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


To: davidk555 who wrote (12700)3/2/2001 8:40:23 PM
From: Math Junkie  Respond to of 42834
 
Sorry, I don't follow that fund. Hopefully someone else will chime in.



To: davidk555 who wrote (12700)3/2/2001 8:45:32 PM
From: Chris J. Horne  Respond to of 42834
 
"Does anyone on this board (other than yours truly) still own the fund?"

Yes, I will admit to owning it. I put in the minimum initial amount of $10,000 and added maybe $2,000 more to it. It is a miniscule amount of my portfolio, so it is not a real big deal. Still, between this experience and the QQQ, I have lost all faith in Bob as a timer or stock picker. I still think he gives rookies good overall financial advice.



To: davidk555 who wrote (12700)3/2/2001 10:13:03 PM
From: Rich23241  Respond to of 42834
 
Unfortunately, I am still holding it in my IRA patiently waiting for it to turn around.



To: davidk555 who wrote (12700)3/3/2001 2:57:11 PM
From: Bill Shepherd  Respond to of 42834
 
RE:The e-commerce fund Bob recommended (Ticker: TEFQX) closed at $3.91 today. Does anyone on this board (other than yours truly) still own the fund? Does anyone follow it closely and have an opinion on its future?

David: I bought the B2B fund at around $13 but took the loss and sold at $10...I grew tired of the downward direction. Sure glad I did, with the darn thing sitting at $4 now!. Also, bought the QQQ's at 80+ in October, but sold after a quick 4 point loss. (Again, didn't like the direction things were moving.) Have been DCAing into QQQ's since about 70...now have a average basis around 58. I'm not happy with the direction of the market, but at least I'll have some gains in the QQQ before they hit BB's target of 80 -- I'd be happy to sell out at about 70 right now!

Regards,

Bill Shepherd