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

To: Rillinois who wrote (13830)	4/18/2001 9:40:00 PM
From: Kirk ©	Read Replies (2) \| Respond to of 42834

Some people have reported in a Brinker-Friendly forum (they would not let David Korn join...) that they CALLED the Market timer office as they thought the run from $75 to $86 was huge and they wanted to check if Bob still recommended QQQ. The answer they have quoted is "Bob is comfortable with $86".... I use $83 in calculations as it seems a fair average but there are a FEW poor souls that bought at $86. Just thought you would want to know, but documentation of this is hard to do... so I see why you use the numbers you do. Kirk out

To: Rillinois who wrote (13830)	4/18/2001 9:55:19 PM
From: BigShoulders	Read Replies (3) \| Respond to of 42834

R Re; Buy immediately at 83 vs 75 1/8 benchmark for Brinker's call on CTR 2 Excellent summary of the different views. I do think that the appropriate benchmark for Brinker's CTR 2 call is 75 1/8. The 20% + potential move was clearly referenced against the "recent closing low" which was the 75 1/8 price. I agree that he should have stated this number in the bulletin. This was a mistake, it would have been simple for him to reference the price. That said, I have a hard time understanding why someone would buy at the market without respect to price, especially on a short term trade in a volatile security. To me the opportunity was for a potential 20% gain relative to the QQQ price of 75 1/8. So to me the potential was for the price to go to 90. I would not have bought at 83 when my opportunity was less than a 9% gain with increased risk. For someone who bought at 83 (or higher as some have said) I think they should take responsibility for the losses down to 75 1/8. Brinker can be blamed for the rest, and that's a lot. Best wishes BS