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


To: Elmer who wrote (13545)4/9/2001 12:37:27 AM
From: geode00  Read Replies (1) | Respond to of 42834
 
Of course I'm responsible for my own investment decisions. That goes without saying and any losses (or gains) are paid for (received) by my bank account. That's real responsibility where it counts.

This is different.

Bob sets himself out for a national audience for 6 hours every weekend as a conservative guy who apparently does the impossible. He times the market. Now he's out there taking kudos for something he didn't do. He didn't say go to 100% to cash and side step the bear market but he definitely leaves the impression (by taking those idiotic calls while hanging up on others) that he did. That's false. That's dangerous.

In his newsletter, he made not one mistake but several. He did so at the expense not of himself, but of his poor subscribers. On top of the mistakes in financial advice, he sought out critical subscribers/posters and booted them. In addition he deleted critical posts while leaving laudatory ones up. That creates a false impression. That is dangerous.

Bob's problems run much, much deeper than a single blown trading call. His problems are deep, they're dangerous and they are (IMO) going to claim more victims in the future if he gets away with the QQQ trade. That's my opinion and nothing he has done recently has changed it.

Again, I wish those who knew about Bob's myriad problems and mistakes had been even more vocal and insistent than they were. Bob's been at this, as have his critics, for some time now. I've come pretty late to the game and have been astonished at how bad his past record has actually been.

Someone else suggested that people contact the media (web, print, tv, radio) and tell them about this fiasco. I think it's a good cautionary tale since few really understand how bad the situation is.



To: Elmer who wrote (13545)4/9/2001 1:01:04 AM
From: Lone Ranger  Read Replies (1) | Respond to of 42834
 
elmer,
i've read geode for some time now. without a doubt he is obsessed. he acts as if he is the only person that can see that bb is really evil incarnated. you do have to wonder what kind of existence this twit has to be so obsessed with brinker.



To: Elmer who wrote (13545)4/9/2001 11:35:35 AM
From: Diamond Jim  Read Replies (1) | Respond to of 42834
 
"He blew it, I agree, but why are you making this a personal vendetta? Why do you blame others for being human?"

Elmer, to err was fine, to dodge the facts is very upsetting. Bob called to buy "immediately" then moved it to seem like he meant 10 points lower, then 20 points lower, now he is silent on it and the show sounds like he is a genius still. He takes calls all show long that tell him how great he is, when you know the truth, it simple irritates to see him spinning reality.

jim