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To: Math Junkie who wrote (24554)8/29/2006 1:07:39 PM
From: Kirk ©  Read Replies (2) | Respond to of 42834
 
>>"'"For subscribers holding Nasdaq 100 (QQQ) shares, we recommend holding for a significant recovery in the shares in the next cyclical bull market.'

>So you don't consider a 55% rise in price a significant recovery?

I think the trouble is when he wrote the above, QQQ was about $46. Mary, and many others that email David Korn, Peter Brimelow and myself, are still waiting for a significant recovery or specific advice to sell.

We both agree hiding and not accounting for his QQQ advice is wrong. What troubles me now is it seems he feels he can fall back on something like "We don't recommend this for balanced portfolios" when advice to hold something off the books that he CLEARLY recommended for conservative investors didn't work out.

Look at his list of "individual issues." Are there any words there that conservative investors should not own any MSFT? QQQQ is on the same list.