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


To: fahrenheit451 who wrote (23604)8/14/2006 1:41:55 PM
From: Math Junkie  Read Replies (4) | Respond to of 42834
 
Fake-Fahrenheit,

I guess you're not satisfied with my calling his advertising shabby. <G>

"OK where was the money supposed to come from? He said cash reserves. There was 60% cash reserves in the portfolio because of his January 2000 call. What other cash reserves could he be telling you to use?"

That's easy: cash reserves that were not in a model portfolio.

Your question seems to assume that all subscribers follow a model portfolio. The fact is that no one is required to do that.

Brinker has never before or since placed anything in a model portfolio without explicitly saying so at the time of the recommendation. You may dislike that fact, but it is a fact. The bulletin didn't say that the QQQ recommendation was going to be put into the model portfolios. That is a fact also.

The consequence of those facts is that when a subscriber who was following a model portfolio received the bulletin, he/she had a choice to make: either continue following that model portfolio, or deviate from it by participating in the trade attempt.

None of that provides a justification for omitting a major failed call from his advertising, IMO. For one thing, he should have explicitly stated in the bulletin that it was not going into the model portfolios, because it would have been easy for a subscriber to be unaware of his past pattern, as Hulbert apparently was.



To: fahrenheit451 who wrote (23604)8/14/2006 8:05:54 PM
From: dijaexyahoo  Read Replies (1) | Respond to of 42834
 
fahrenheit said:

<<OK where was the money supposed to come from? He said cash reserves. There was 60% cash reserves in the portfolio because of his January 2000 call. What other cash reserves could he be telling you to use? NICE TRY.>>

Right. Please re-read your own words: "There was 60% cash reserves in the portfolio BECAUSE OF HIS JANUARY 2000 CALL." (my emphasis).

This is the whole point that you bashers conveniently sweep under the rug when you talk about the devastation the QQQ call had on people's lives! NO ONE was hurt by the QQQ call because they would not have had any cash reserves if not for the Jan. 2000 call!

They would simply have ridden the market down with ALL of their money, instead of with part of it.