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

To: Chris J. Horne who wrote (13202)	3/17/2001 7:18:27 PM
From: Gary D	Respond to of 42834

Chris, Ok, now I understand what you mean. When you paraphrase what he said in the newsletter, and contrast that with what you say he 'should have said' though, the readers' interpretation would have been the same in either case, as it relates to any action taken. So it sounds like you were really wishing for some hand-holding. (To me, "timely follow up advice" is something different). I can agree, though, that would have made me feel better too. But it was not necessary. True that exit strategy criteria or details haven't been given right now. But that wasn't part of the bargain. Subscribers will have to decide how much weight to give to the advice based on their assessment of Bob's competence and integrity. Gary

To: Chris J. Horne who wrote (13202)	3/17/2001 9:06:15 PM
From: geode00	Respond to of 42834

Bob's integrity and accountability towards his subscribers? I'm sure everyone has an opinion about that. The trade, down over 50% from the arguable entry of 83. It's in the 6th month of what was originally a 2-4 month short term trade to scalp 20% gains. Apparently, we could be headed into a secular bear ala the Nikkei or what the US had from the 1960s to the early 1980s. Apparently, the ONLY explanation of the CTR problems has been the market's lack of providing one on command. Today it was something about historic this and that's and how the powerful bear just ran over the little rallies. Is it a secular bear? Is it a CTR in a cyclical bear? Will there ever be a 50% rally (up from 20% which didn't materialize) from any lows within the bear? Who knows, I don't think Bob is sounding very confident these days. ======== Nas from 5000+ to low = -62%+ Timeframe: 1 year QQQs from 83 to low = -51%+ Timeframe: 5 months It's hard to believe that this is possible.

To: Chris J. Horne who wrote (13202)	3/18/2001 11:03:36 AM
From: BigShoulders	Read Replies (1) \| Respond to of 42834

Chris Re: (Dont quibble on the details of the wording...I dont have the document anymore and my memory is not 100%.) I'll have to quibble because there are some significant differences in what you recall and what Brinker actually wrote Re: When I received the first newletter after the bulletin, I would have expected to hear something like: "We were too early getting into the QQQs, but we still think they will rally. Stay the course." When the the November bulletin was issued Q's were in the low 80's (Nov 6 close of 82.44). So it was too early to say he was too early. Re: Same for the next newsletter...some words like this would be appropriate: "I know many of you bought in in the low 80s / high 70s based on the bulletin. We still think the Qs will rally. Stay the course." The Dec newsletter, Brinker refers to the Dec 1 close for the Q's of 64. Brinker did talk about how the market had gone lower than expected and attributed it to the presidential election and corporate earnings announcements. Brinker said his indicators were showing an extremely oversold condition and the major CTR was still expected but would be extended into the first or second quarter. Brinker said that Q's had potential to get to 90's. That was clear guidance to anyone no matter what price they paid. The Nov and Dec newsletters provided advice to the holders of Q's and those might yet buy in or add to their positions. Explanation of events and reinforcement of his expectation of CTR 2 were included. While CTR 2 was a bad call I don't see that he was guilty of not providing followup advice. The followup advice continuing into 2001 (continued expectation of CTR2, lower entry point for new buyers, lower target price, will recommend exit point) may prove wrong as well. Never-the-less it is guidance to both holders of the Q's as well as to potential buyers. Best of luck