SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Chris J. Horne who wrote (12897)3/11/2001 2:31:33 AM
From: Math Junkie  Read Replies (1) | Respond to of 42834
 
Depends on when the bulletin was received. As you can see, the price varied greatly during the week most received it:

chart.yahoo.com

Seems like some kind of average price for the week would make the most sense for comparison purposes, since delivery times vary so much on snail mail. The average closing price for the week was 81.925. The average open was 81.47812.



To: Chris J. Horne who wrote (12897)3/11/2001 12:10:51 PM
From: Kirk ©  Read Replies (1) | Respond to of 42834
 
Monday 10/16 receipt of "Buy Immediately"

(the writer assumes the worker gets the mail after work and would buy at the open the next day inorder to follow "buy immediately" instructions)

Tue 10/17 open 83.125
10/18 open 76.75
10/19 open 82.3906
10/20 open 84.5
10/23 open 86.1875

Full recap of QQQ trades here: suite101.com



To: Chris J. Horne who wrote (12897)3/11/2001 8:10:03 PM
From: BigShoulders  Read Replies (1) | Respond to of 42834
 
Re: Bull! They were at 83. (When Bob issued recommendation to buy Q's or the CTR in October.)

We don't know what the Q's were trading at when Brinker issued his recommendation unless someone knows the exact date and time it was issued. In the special bulletin he refers to CTR gains in excess of 20 % from the NASDAQ closing lowpoint. The closing low in this time period was on Oct 12, at 75 1/8. This is consistent with the Nov. newsletter where Brinker refers to the Oct 12 closing price of 75 (actually 75 1/8). I received the special bulletin on Monday Oct 16, so it was clear to me the reference point was the Oct 12 close at 75 1/8.

Those are the facts that I saw at the time. What's your basis for saying the Q's were at 83 when Brinker made his recommendation?

The problem is the time to deliver the bulletin via US mail, the volatility of the NASDAQ, and the time needed for people to act on the recommendation.