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


To: stockalot who wrote (24512)8/28/2006 10:35:11 PM
From: Honey_Bee  Read Replies (2) | Respond to of 42834
 
What bothers me about Brimelow's attitude concerning BOB BRINKER'S QQQQ trade is his logic is twisted into a pretzel.
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How does Mark Hulbert deciding to "sell QQQQ's" when he learned BOB BRINKER didn't put them in his portfolio excuse the fact that BOB BRINKER recommended using portfolio "cash reserves"????
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Amazing the lengths some will go to trying to help BOB BRINKER cover the stuff in his litter box.
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To: stockalot who wrote (24512)8/28/2006 10:37:24 PM
From: dijaexyahoo  Respond to of 42834
 
stockalot said, quoting Peter Brimelow;

<<"3. Do not, repeat -- NOT -- gamble the rent money, much less the retirement money, on any market timer's recommendations. Only speculate with money you can afford to lose.">>

--That is excellent advice, and no non-basher would disagree with it.

It would have been MUCH BETTER advice if he had replaced the words "any market timer's" with "any financial advisor's, newsletter writer's, or guru's" recommendations.

Market timing has NOTHING to do with the advice.



To: stockalot who wrote (24512)8/28/2006 10:38:42 PM
From: queenleah  Read Replies (1) | Respond to of 42834
 
stockalot said: Obviously he [Brimelow] rightly believes Brinker's marketiming is for gamblers...ie LOSERS.

Right. Sure he does:

Brimelow: "Some Brinker critics seem to display considerable, if paranoid, scholarship. They have conspiratorial explanations as to why Brinker recommends specific stocks. They even claim that they have detected him participating in his own chat rooms under a pseudonym.

But the beauty of Mark's [Hulbert] method is that none of this matter. If an investment succeeds, it succeeds. And Brinker has succeeded."