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


To: geode00 who wrote (16533)8/20/2002 3:37:13 PM
From: Math Junkie  Read Replies (2) | Respond to of 42834
 
"I never pretended that Brimelow addressed the BJGroup in his article. I said, very clearly, that he should have addressed it because he was inaccurate saying that Bob didn't really participate in the QQQs. You need to read more carefully Richard. That point was quite clear."

OK, if you're not interpreting "Do as he does, not as he says" as applying to the BJ Group, then how do justify calling it a factual inaccuracy?

As applied to the model portfolios, which is what Brimelow was talking about when he wrote that, it is a completely accurate description of the best way to use Brinker's newsletter advice for the past ten years.

"Whether a person lies directly or by omission (I believe Bob has done both by the way) makes no difference to me. A lie is a lie."

So when Kirk said that EVERYTHING that followed January 2000 was a disaster, and omitted any mention of things that were not disasters, that was a lie, right?

"I discuss the truth about Bob."

I note the careful choice of words. Personally, I don't stop at "discussing" the truth, I "tell" the truth, to the best of my ability.

"If that damages his reputation, that's his problem not mine."

Your methods of arriving at the truth would not stand up to cross examination. I suspect that a good lawyer would have a field day with your slippery approach to the truth.

"Has he come clean on his actions on his discussion boards, his QQQ failure, his resetting of the QQQ trade, his UTEK connections, his riding down equities as a buy and holder, his failure to put all his advice into his portfolios yet using his portfolios to advertise his advice, his abusing of his customer's trust? When has he come clean about these issues on air?"

Some things he has come clean about, and some he has not. He couldn't take the heat on his discussion boards and I don't believe he ever came clean about his reasons for discontinuing them. He has admitted that he was wrong about QQQ MANY TIMES. He didn't "reset" the QQQ trade - that is merely your spin on the fact that his forecast changed. He has admitted his connection to UTEK on national television. He didn't ride down equities as a buy and holder, he rode some of them down as an imperfect market timer. Putting all of the securities he recommends into his model portfolios would make them unusable, because they would become unwieldy with that many securities in them. People who base their decision to purchase his newsletter on his model portfolio performance should follow the model portfolios if they want to get the advertised performance. I believe that is the heart of Brimelow's article. Brinker should have stated in the bulletin whether it would be followed in the model portfolios, but from what Brimelow wrote, it sounds like Hulbert treated the QQQ as having been sold as soon as it became known that they were not in the model portfolios, an approach that would have worked for subscribers as well. As for "abusing of his customer's trust," that is so vague that I don't know how you would tell if he had come clean about that or not.

"I am not saying that he changed his mind about sidestepping a bear if he saw one coming."

I know you're not saying that. I'm saying that.

"I am saying that he didn't see it coming but now takes kudos for supposedly having fled to cash and bonds in 2000. That is lying."

I have heard him correct people many times when they said he went all cash.