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


To: Kirk © who wrote (16682)9/2/2002 3:22:50 PM
From: geode00  Read Replies (1) | Respond to of 42834
 
We're all seeing the same set of facts but are coming to different conclusions about motive. I take Brimelow's attitude from his original article because he hasn't come out and done an about face. He's sliding about the muck a bit but he's still in the wrong neck of the woods (mixed metaphors maybe).

Brimelow is giving Brinker a free pass on his QQQ trade. The reality is that he should put it into his model portfolios and that Hulbert should track it as such. Not only did Brinker spend months encouraging the trade, his percentage allocations for the trade fit exactly with his allocations in his portfolios.

On top of this mess, subscribers are not going to get the same returns as Brinker even following his model portfolios as (note Portfolio I) his actual allocations don't even match his recommended allocations. If the market continues to deteriorate strongly, an 80% cash position will have a better return than a 65% cash position.

Brimelow still isn't doing DD and apparently Hulbert isn't either. Note that Brimelow has never blamed Brinker for his shennanigans, he just cautions against market timing. Big deal. How does that help future subscribers/listeners get honesty from their advisors?

It's still financial industry-1, customers-0.