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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 (21899)1/5/2005 4:34:03 PM
From: sat2000  Read Replies (1) | Respond to of 42834
 
Tim, I don’t know that I can say it is scary that so many sheep follow bob blindly. I am actually kind of grateful the world has so many trusting souls. It makes the jobs of those that are capable of some independent thought much easier.

I talked to a fellow between Christmas and New Years. This guy is no dope, he is a veteran military officer, retired from the Federal Government, and is currently a mainframe programmer. It was a very eye opening conversation. The TV was on CNBC. He said the market was going to be OK this year (remember it was still 2004) but be in the dumper next year (2005). I asked him how he knew this. He said he had an advisor in Vegas that has really helped him figure it out. I asked who this advisor was. He wouldn’t tell me. He did say he is in monthly contact with him. I asked what this advisors record was. Pretty good was the answer.

For some reason the answer to my first question made me think of brinker and how several years ago after the third quarter GDP came out positive bob boldly “predicted” no recession this year. Well duh, if it takes two consecutive quarters of negative GDP to have an official recession it is a sucker bet to bet for a recession this year with only one quarter left to measure and the previous one positive. So I asked this guy if his advisor was bob brinker? He got a look of shock on his face and said. “Why, yes it is! You got him working for you too?” I said no, but I hope it works out for you and walked out of the room.

I can only imagine this poor guy has fantasies about bob flying out to see him personally and delivering the monthly rag. If we are in competition for returns with people like that it kind of balance out the odds being up against the insiders, manipulators, and big money fat cats. Perhaps the more bots bob has camped out by the mailbox the better off us savvy investors are?

Steve Thompson



To: Tim Bagwell who wrote (21899)1/5/2005 4:40:07 PM
From: Yogizuna  Read Replies (1) | Respond to of 42834
 
It scares me how so many people put their full faith behind a personality on the radio. Without even meeting this guy, they'll go and believe anything he says or does. He has the power to control the information that goes out over his program and he manipulates it to his benefit. He has the power to control what goes out in his newsletter and subscribers hang on every word.

It is scary. And that is one reason I decided to learn about the market on my own way back in 1981, so newsletter writers could not play around with my emotions and play "god"...



To: Tim Bagwell who wrote (21899)1/9/2005 8:32:39 PM
From: geode00  Read Replies (2) | Respond to of 42834
 
Hello bobbleheads! Did Brinker say to sell now? I figured it would come in March after the elections.