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

To: queen90700 who wrote (22549)	7/25/2006 9:31:01 PM
From: Kirk ©	Respond to of 42834

when did Brinker ever encourage retirees to take more risk, realistically speaking? Did you read or follow his message boards? It sure sounds like you didn't yet you feel qualified to make noise about it. It was very obvious who "most" of his posters were and they were all over TEFQX like white on rice. A good many of them were retired or far closer to needing to be in a "balanced portfolio" compared to P1. They were practically BEGGING him for Hot Tips such as the QQQQ trade or a B2B internet fund..... He even used it to advertise his newsletter by saying on the radio "we are getting ready to recommend a new mutual fund in the newsletter for B2B" or words to that effect. I did not read a single, official warning from Brinker or any of his regulars suggesting that they were taking too much risk for retired folks. Heck, why else buy his newsletter unless he offered them something like QQQ tips and mutual fund tips like TEFQX? They could have easily not renewed the MT until the secular bear market ended in 20 years or whatever nonsense Brinker is using for it these days and simply sit it out in cash. One of my biggest complaints about Brinker is how he encourages too much risk for those who can't handle it. Trying to time the market is very risky and his failed QQQQ attempts prove just how costly it can be. The flaw in that logic is that 20% of total portfolio in cash is NEVER what was advised "per Brinker SPECIFIC instructions". Ah ha! You must not listen to his show or subscribe to David Korn's excellent newsletter. Someone called his show and said they were a conservative investor. They asked if it would be OK to go to 100% cash because all their funds were in IRAs. Brinker said this would be OK and he had only kept 35% in the market for those with large gains in things like MSFT (and his Lucent that he admits he did not sell) who didn't want to pay capital gains taxes. MANY went to 100% cash... heck, why be in the market if Brinker says we MIGHT be in a secular bear market and they can do just fine on 7% in money funds or GNMAs while they wait? That is what several in our chat group did. This call was widely reported by David Korn and many regulars on his message boards. I remember we joked about it being another way for him to cover even more bases while not being officially on a record Hulbert can measure.

To: queen90700 who wrote (22549)	7/25/2006 9:32:09 PM
From: fahrenheit451	Read Replies (1) \| Respond to of 42834

Queen you ask: And when did Brinker ever encourage retirees to take more risk..." I would say he did when he sent them this. I don't see anything in this that says retired people should not engage in what he is suggesting. "SUBSCRIBER BULLETIN FROM MARKETIMER MARKETIMER is projecting a significant countertrend rally which is expected to be led by the Nasdaq 100 Index. We expect this rally to persist over a period of approximately 2-4 months, and to generate Nasdaq gains in excess of 20% from the vicinity of the recently established Nasdaq closing low point. We view this projected Nasdaq rally as a significant trading opportunity for MARKETIMER subscribers seeking potential short-term capital gains. Our clear vehicle of choice for this opportunity is the Nasdaq 100, which is traded on the American Stock Exchange under the ticker symbol QQQ. We recommend MARKETIMER subscribers with aggressive objectives invest 30% to 50% of existing CASH RESERVES in the QQQ shares in order to exploit this opportunity. Also, we recommend subscribers with conservative investment objectives invest 20% to 30% of CASH RESERVES in the QQQ shares in order to take advantage of this opportunity. MARKETIMER will provide follow up guidance for this short-term opportunity in regular monthly editions, and, if necessary, in follow up bulletins. We recommend subscribers interested in taking advantage of this recommendation act immediately."