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

To: Elmer Phud who wrote (22061)	7/28/2005 8:40:55 AM
From: fahrenheit451	Read Replies (1) \| Respond to of 42834

ephudof said: "I can't help but wonder how many years must pass before you guys drop this obsession." Good question. I have been wondering how many years will pass before Bob Brinker closes out the October 2000 QQQ trade. It is my understanding that this trade is still open in the newsletter. Bob Brinker has stated on the radio that this trade was a mistake but I don't believe he has ever recommended closing it out in the newsletter. As long as it remains open, subscribers have a reason to discuss it.

To: Elmer Phud who wrote (22061)	7/28/2005 12:13:47 PM
From: Kirk ©	Read Replies (2) \| Respond to of 42834

QQQQ and TEFQX are to Bob Brinker as Steroids are to Baseball ""I can't help but wonder how many years must pass before you guys drop this obsession."" When will people stop talking about the South Sea Bubble or Tulip Manina? Here we had a national figure on radio who spoke to a, for the most part, CONSERVATIVE INVESTMENT audience. At the VERY PEAK of the mania, this "guru" recommended in his Feb 2000 newsletter that his more agressive followers put 5% of their portfolio into the Business-to-business internet mutual fund called TEFQX. This was eventually placed on a "HOLD" where it remains an open recommendation even after he ended coverage of it in his newsletter. I believe the fund remains down over 80%. He did this "off the books" despite a full page of his 8 page newsletter in Feb. 2000 devoted to this fund at the very peak. This very same guru recommended people put up to a full THIRD of their investment assets into the Nasdaq100 when it was as high as $87. That investment sunk to a low of $19 before recovering to its current price of $39, a full 55% below its peak value where he was recommending it. He has never closed out this trade, but when caught by surprise, he says "we made a mistake" and changes the subject. For a national talk show host to make these sorts of blunders is not new. What is new is he managed to do them and keep the results off his official record. Hulbert gives him an asterisk much like baseball players get that say the season is longer now or they admit they took performance enhancing drugs to break the records so their records are tainted. Do you think anyone in baseball will forget that Ruth's record was broken with the aid of steroids? If no, then why would you expect anyone to forget another national figure's tainted investment record?