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


To: Math Junkie who wrote (17502)2/26/2003 5:39:00 PM
From: geode00  Read Replies (1) | Respond to of 42834
 
What Brinker glosses over and what you are failing to see here is that it's still a 75% loss at the lows. If Brinker sees that as an insignificant loss (I believe he was practically giggling about it and rolling his eyes at the temerity of his own customer to complain about such a minor financial event), then why bother to take such RIDICULOUS RISK FOR A 20% GAIN?

If 75% is piddling, what the heck is 20%? He protests way too much and entirely misses the point of his stupidity:

1. Risk/reward was abyssmal
2. No exit strategy/no capital preservation plan
3. Completely incompatible with his tactical asset allocation
4. Lying and hiding the truth for the last 2 1/2 years