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


To: BigShoulders who wrote (12993)3/13/2001 9:15:36 PM
From: Chris J. Horne  Respond to of 42834
 
"Brinker's error in the subscriber bulletin was in a making the closing statement, quoted above, that is misquoted, misused and misunderstood by people not capable of understanding the preceding 5 paragraphs of the bulletin."

I take the meaning literaly, not your interpretation. "Immediately" means immediately. This reminds me of Clinton's famous quote "It depends on what the definition of 'is' is".



To: BigShoulders who wrote (12993)3/13/2001 10:25:54 PM
From: geode00  Respond to of 42834
 
To make it simple he could have said "Buy Q's at 75 or lower then sell at 90 or higher

What's really interesting is that the Q's hit 87 perhaps a week or so after some people started receiving their bulletins. If he had given some a wider range for the date (up to 4 months instead of 2-4 months), some might have taken that pop to be the actual CTR.

I thought it might be but then the dates didn't make sense. There would be another opportunity to see the high 80's and maybe the 90s later on or so I thought.

I didn't really think later on meant a couple of years <g>



To: BigShoulders who wrote (12993)3/14/2001 2:41:31 AM
From: Kirk ©  Read Replies (1) | Respond to of 42834
 
RE:Brinkers recommendation was that there was a potential for the NASDAQ to go by 20% or more. This was when the Q's were at 75. Brinker did not recommend buying Q's immediately.

If you do more research, you will find that many called Brinker's office and were told that "Bob was comfortable with QQQ at $86". These people disobeyed and called the office first rather than "acting immediately".

Remember, the first CT rally he told people to not chase and to wait for QQQ to come back to mid $70's? They never did. My guess is he was expecting this to happen again hence his comfort with paying such a high price given his clear benchmark given in the bulletin.



To: BigShoulders who wrote (12993)3/15/2001 12:21:47 PM
From: Rillinois  Read Replies (1) | Respond to of 42834
 
BigShoulders,

Re: To make it simple he could have said "Buy Q's at 75 or lower then sell at 90 or higher"

I agree instructions like that are clear and unambiguous. However, he gave similar instructions for CTR1, but that didn't work either. Remember him saying not to chase them.

I think the ghost of CTR1 was haunting Bob. He didn't want to risk a repeat of CTR1.

Maybe he'll get it just right for CTR3. <g>

Best Regards.

Rillinois