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


To: queenleah who wrote (24395)8/27/2006 2:08:13 PM
From: stockalot  Respond to of 42834
 
Queen claims Brinker was saying:

"(1) QQQQ should not be in a balanced portfolio (if I was Mary, I'd ask myself, what's the solution, if I have Qs where they should not be, according to Brinker?);"

Anyone who had a balanced portfolio in the fall of 2000 and followed Brinker's advice in 2000 and has followed Brinker's advice since has QQQQs in their balanced portfolio.

If that is NOT true then please tell me when Brinker closed out the position established in this most idiotic investment advice I've ever seen given!



To: queenleah who wrote (24395)8/27/2006 2:14:43 PM
From: stockalot  Respond to of 42834
 
Bob Brinker NEVER HAS CLOSED OUT THIS POSITION FOR ANYONE WITH A BALANCED PORTFOLIO OR AN AGGRESSIVE PORTFOLIO.

"Bob Brinker's MARKETIMER

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.



To: queenleah who wrote (24395)8/27/2006 2:19:17 PM
From: EQ   Read Replies (2) | Respond to of 42834
 
I agree. Roses' "transcript" would have been more interesting and beneficial without all of the EC.

I don't listen to Bob that much anymore, mainly because I find the chap quite boring. I did listen to him for about a half-hour yesterday and I did hear the "Mary" call. I don't recall Bob's alleged boorishness that Roses' EC alludes to.

As for the call, Mary seemed somewhat hesitant and not in full command of the facts that a caller should have at hand (particularly a caller with a $3 million net worth.) This always has frustrated Bob in the past, and I am sure it did so on this call. He was trying to extract some critical information from her to enable him to reach a conclusion and recommended course of action.

Bob spent a lot of time with her. I would estimate that she was on air for about 10 minutes, which is a "lifetime" on a talk radio show.

I think Bob gave her the best advice he could FOR HER PARTICULAR SITUATION. No, he did not recite the full chronology of the QQQQ trades, but that would not have been beneficial to Mary's question anyway.

My thought is that someone with a net worth of $3 million dollars considering purchase of a $800,000 vacation home should NOT consult a radio talk show host for a "Mary" type of question. They would be better served consulting these three people:
1) Their financial advisor
2) Their CPA
3) A real estate attorney