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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 (24656)8/30/2006 3:36:42 PM
From: stockalot  Read Replies (1) | Respond to of 42834
 
Math, I explained why I think Brimelow got it wrong on the 50% of stock market reserves vs 50% of stock market monies. And I debunked your characterization of Brinker being consistant about these trades.

Why don't you respond to the two examples I gave you of Brinker's flip flopping on what was "prudent" and showing that he was totally INCONSISTANT in what he recommended people to do when making BETS on counter trend rallies in a bear market.

If Brinker flip flopped from "Don't buy unless the QQQs return to the low 70s" to becoming a cheerleader sanctioning those brilliant goobers who "have done the math" and bought the QQQQs in the mid 80s, what is one to make of his "consistant recommendations" about these counter trend rally ideas?

If Brinker gave as a reason to be cautious and exit the position in the QQQQs at 84 in the summer giving some a small loss or break even, that "The important thing in a bear market is capital preservations".....

what the heck changed when Brinker urged followers to put up to 1/3 of their portfolio in the same security with the same claim of 20% or more gains and the same snappy duration of 2-4 months---and then HANG ON FOR 6 YEARS AND COUNTING. And he continued to rally the troops with optimistic BS at 70, 60, 50, 40, ...and held on tenaciously down to 19.00.

Now Math, the guy you claim gave guidance of clear parameters Prescott should have been aware, totally dismissed what he claimed was the most important tenet of these sojourns of CTRS just two months before;

"THE MOST IMPORTANT THING IN A BEAR MARKET IS CAPITAL PRESERVATION"--

Brinker is simply an opportunistic flip flopper willing to gamble carelessly with other people's money. To claim that Brinker had prepared Prescott for the dangers of following and dealing with his flip flopping at that time is ridiculous. You owe the man an apology.

As to Junior I am not aware that he ever gave anyone advice to buy anything. He was enamored with the b2b space, thought himself quite a stock trader and according to Justa headed for trouble with his hype of the b2b space. I remember many people much older than I on Brinker's site worried more about the next double in Arrrrrriba or the day's performance in Freemarket than any cautious words from Brinker or anyone else.