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

To: Math Junkie who wrote (23063)	8/5/2006 12:02:44 AM
From: Kirk ©	Read Replies (1) \| Respond to of 42834

"Excellent point, and it also shows why Brinker was right to get out of the business of attempting short term trades." #1 Didn't his recommendation of UTEK in his newsletter call it a "formula trade" for a quick run from about $30 to $40? #2 Can you think of any successful trades he attempted before in his newsletter? I warned regulars at suite101 that someone faxed me the QQQQ bulletin on Monday and I thought it was a fake to get us to release bogus news like Dan Rather.... I remember telling folks to not talk about it until we had better confirmation. One of my regulars who is in the medical profession told me she thought Brinker had a stroke then sent it! I did predict he would not put it in his newsletter if the trade went south... and that is why he left it vague... but I sure didn't expect him to let it turn into a long term investment after all the bad things he said about the valuation of the index. He basically TOLD people to hold on to something he said earlier was crap.... To me, he's as bad as Grubman who recommended people buy stocks he knew were crap. Grubman got in big trouble and the people who paid him a salary had to fork over hundreds of millions in settlements.