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

To: Tim Bagwell who wrote (16711)	9/6/2002 7:25:49 PM
From: rsie	Read Replies (1) \| Respond to of 42834

as a supporter for Bob's over the years..... can't argue with a singe thing you just said..... but what to do from here? rich

To: Tim Bagwell who wrote (16711)	9/6/2002 9:41:09 PM
From: geode00	Read Replies (4) \| Respond to of 42834

But he's on record as expecting losses in the market to the tune of 60-70% If I remember correctly, he's on record as speculating that losses could go as high as 70%. He gives ranges, tosses things out but he doesn't act as if he believes them so I think it's just CYA. Everything he did in 2000 to now says to me that he expected a short bear and a quick resumption of the bull trend. Those things are: 1. Holding 35% in equities 2. Keeping cash reserves in short term MMFs 3. Buying into TEFQX along with his glowing report of what the net could be in the future 4. Holding onto the QQQs even after he gave up on the CTR 5. Talking about but not really buying into bonds in a big way 6. Never buying into the Rydex contra funds as he had discussed in earlier years 7. Holding onto Microsoft and Vodafone most of the way up and all the way down These are not, IMO, the actions of someone who had great faith in the deep, long bear we have and are experiencing. Like everyone else, he's putzing around in the dark trying to figure out if that light is the exit or another train headed this way.

To: Tim Bagwell who wrote (16711)	9/7/2002 2:43:31 AM
From: davidk555	Read Replies (2) \| Respond to of 42834

With respect to Brinker's trading ability, many people have asked me what other instances I have tracked Brinker where he recommended trading. Can you guess what the last "trade" Marketimer subscribers were treated to prior to the QQQ 2000 opportunity? This is sort of a trick question, so I will give you the answer -- UTEK. Yup, when Brinker first profiled UTEK in the June, 1997 newsletter, he recommended subscribers purchase shares of UTEK for the specific objective of it being a "formula trade." Brinker claimed that in this "formula trade", the objective would be to take a 50% gain over the ensuing 12-18 month time frame. As UTEK went south, Brinker basically handled the recommendation in the same way he has so far handled the current QQQ recommendation - no stop loss, and simply hold for as long as it takes for the shares to recover. In full disclosure, I got suckered into the UTEK "formula trade" as well, although I learned my lesson going forward. - David (editor of begininvesting.com