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


To: geode00 who wrote (13020)3/14/2001 1:49:26 PM
From: Skeeter Bug  Respond to of 42834
 
>>It would have fit Bob better to have no B2B, no Qs and 100% cash.<<

10% cash wasn't selling last year. it is better to be wrong w/ subscribers and a radio program than to be right with no interest. jmho.



To: geode00 who wrote (13020)3/14/2001 3:50:09 PM
From: Tim Bagwell  Read Replies (3) | Respond to of 42834
 
It would have fit Bob better to have no B2B, no Qs and 100% cash

Well of course you are right in hindsight. I, for one, didn't follow any of Bob's advice strictly. I didn't buy the B2B, didn't participate in CTR1 and went to 100% cash instead of 60/40.

I think anyone could have made the same modifications to the recommendation. They were, afterall, just recommendations and people had to judge for themselves if it was a risk they wanted to take.

Bob is so careful and conservative that he would never gamble such a large % of portfolios on something incredibly risky

My impression is that Bob is conservative in the advice he gives on the radio and this is the way he runs the program. He's much more aggressive with his own portfolio. My guess is that this time he felt he had all the right signs that he could make a more aggressive call to the public.

It was a gamble that he took and the market didn't respond. It happens all the time to anyone who risks trading the market.

I just can't fault Bob because he wanted to hit a homerun for his subscribers and ended up striking out. What you do is wait for your next turn and keep trying to punch it out of the park.