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


To: queenleah who wrote (28292)1/29/2007 6:32:04 PM
From: shres  Read Replies (1) | Respond to of 42834
 
Kirk said..."Is that like telling his [Brinker's] newsletter subscribers to stay fully invested while on the radio he told someone with a "fresh" $300,000 who was considering real estate or the Stock Market .... to look at CDs?"
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Kirk claims that Brinker is trying to have it both ways. Staying fully invested while at the same time recommending CDs to a caller.

Of course Kirk is totally wrong once again. Apparently he thinks a hold recommendation is tantamount to a buy recommendation.

This woman caller, Kelly, had come into a $300K windfall and said to Bob..."I was nervous about going into the stock market now cause I read your newsletter this month."

Bob rightly pointed out that the market is up some 75% since his March, 2003 call and is quite a bit above 1250 call last summer.

Bob told Kelly..."...we said very clearly on the program last weekend that it's very difficult, from my point of view, to find any reason to be piling into the market with large sums of money.

So our suggestion has been, for anybody trying to buy in the market at this point--with things where they are-- that they take a slow dollar-cost-average approach. And that's really the opinion that we expressed, Kelly."

So Brinker told Kelly he saw no reason to pile head first into the market at these levels and Kirk says it's just another Brinker trick so he can "have it both ways".

But then Bob's a professional and Kirk is a wannabe.



To: queenleah who wrote (28292)1/30/2007 9:21:17 AM
From: fahrenheit451  Read Replies (2) | Respond to of 42834
 
Queen

"I don't know if that call happened, but if it did, perhaps Brinker was considering several factors relative to the individual--like age, expressed risk tolerance, plans for the future, etc. I don't think Brinker is much of a "one size fits all" kind of advisor. Just a thought. (Excuse the "buttinski" :).)"

I congratulate you on your amazing psychic powers, You have the ability to understand Brinker's thinking on a call that you aren't sure even took place. It is obvious that you didn't listen to monaytalk this weekend because I did and heard that call. You should consider subscribing to moneytalk on demand. It is available over at BobBrinker.com.