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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 (23625)8/14/2006 3:37:01 PM
From: stockalot  Read Replies (2) | Respond to of 42834
 
"I believe we agree that his advertising is dishonest and that he should include the effects of the QQQ bulletin in his advertised results. What we disagree on is that you apparently think he should include it is his existing model portfolios, whereas I believe he should leave the existing portfolios as is and provide one or more additional portfolios which include the QQQ bulletin."

QQQuite obviously Brinker sent the advice to buy QQQs with "cash reserves", much to your dislike for many those "cash reserves" came exclusively or in overwhelming %s from the model portfolios.

According to risk he recommended 20-50% (up to 1/3 of a portfolio to be devoted to this advice). SO he USED FUNDS IN THE CASH RESERVES ONCE in OCT 2000.

He has to this day NEVER CLOSED OUT THAT POSITION.

He PRETENDS that the ONLY ADVICE FOR THOSE CASH RESERVES was to invest all cash reserves removed from the market in Jan 2000 in one lump sum in 2003.

Thus anyone with this charlatan for an advisor has an advisor that used the same money twice without EVER CLOSING OUT THE FIRST use of the same cash reserves. His claims are BOGUS, FALSE AND DISHONEST.

It should be included PERIOD! A good example would be the people who got his BEST effort, those paying him a wrap fee in the BJ group. They got their QQQQs and had to count them. Brinker got off scot free with the worst advice I've ever seen for such a large portion of a portfolio.