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


To: stockalot who wrote (19633)10/21/2003 10:19:59 AM
From: Kirk ©  Read Replies (2) | Respond to of 42834
 
Were you aware that I give ALL potential subscribers a list of ALL securities I have bought and sold since inception up to a few months ago? They are more than welcome to request past newsletters but the list of buys and sells should give all the data they need.

Send me an email request and I'll be happy to send you a link to this list and a sample newsletter.

How can anyone be more honest than that? Folks that are interested can go back and reconstruct my total portfolio history and calculate returns between periods simply by entering that data into Quicken. I've even told some doubters I'd give them a current Quicken file if they contact me in person to sign non disclosure documents. Several of these types seem to enjoy making up stories about me and have never taken me up on the offer. I guess it is easier to lie about someone when then are anonymous.

I'd love to see a table such as mine become federal requirement for all newsletter writers so they can't cheat. I'd also like them to only have one portfolio to "reflect their advice" as most seem to have a portfolio for every occasion.

One writer, some think is a savant, has a portfolio of all fixed income that shines during bear markets and another of high beta mutual funds that shines during bull markets. How can you say what he is "recommending" when he has such diverse recommendations? Hulbert follows some newsletters with more than 10 recommended portfolios. "Bob Carlson's Retirement Watch" has 12 portfolios listed by Hulbert!

BTW, here is something to think about:
If you want 10% of your portfolio to follow mine, then dollar cost average into it. Do not make the mistake that some have by avoiding my best gainers because they are up the most. Often the best gainers continue to outperform just as we saw CACS go up more than 50% since the last newsletter where it was the best performer by far up to that point. This quick run where many of my stocks are up double to 16x since their lows last year should show you the folly of trying to time the market. Most big gains are made off the bottoms where it takes very little buying pressure to get good gains because the sellers are mostly out of the market. This is where you have to entice the short term traders to book gains by selling to get shares.

I'd suggest not paying as much attention to folks who are critical of others and don't use their real name to identify themselves. And if you do have questions about me, ask me up front as I have nothing to hide. Remember, I have a few critics who used to spam Brinker propaganda all over my site. I had to kick them off after many warnings to only promote Brinker in the Brinker forum (Hell, I allowed Brinker's fans to advertise for him on my site... how many folks do that?) Anyway, they have an axe to grind now and are quite upset that I actually have a clue about making money in the market without following Brinker's advice.

You will know you have made it when another site starts a thread about you calling you a "Savant" and you have some trusting rubes bragging on you....or maybe not. :)

Well, you are a regular at one site where it seems some that like me rub it in how well I do to those that don't like me. They get rather nasty and personal in their give and take. Comes with success I suppose?

Thanks for your comments.