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

To: fahrenheit451 who wrote (22886)	8/1/2006 11:40:58 PM
From: dijaexyahoo	Respond to of 42834

fahrenheit said: <<Dija, That is an interesting story. FWIW I almost never buy a stock that my broker recommends. I have no more faith in Brokers than I do in Bob Brinker. When my broker does recommend something I do my own due diligence and usually find something I don't like about the stock he is recommending.>> --Well, you can find something you don't like about any stock, can't you? -:) I just did a little research on the stock my friend's broker recommended, and there were LOTS of things I didn't like about it. Negative cash flow, for one. I still might buy it, but if I do it will be my decision. <<I have one big problem with what you said. There is a major difference between a broker recommending a stock which is an investment and someone recommending a TRADE for a quick 20%.>> --Sure there's a difference. But that doesn't change my point, which is: whether you buy a stock your broker recommends, or engage in a trade a newsletter writer recommends, the final decision is YOURS. As you all know, I lost some money on the QQQs, but it never entered my mind to be mad at brinker about it. He made a recommendation, I made the decision to follow it, and it turned out bad. That's the way it goes in the investing world. You win some, and you lose some. I'm not even going to second-guess myself, let alone him.