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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer -- Ignore unavailable to you. Want to Upgrade?

To: Elmer Phud who wrote (155)	6/7/2007 7:18:51 PM
From: stockalot	Read Replies (2) \| Respond to of 2121

Ephud says "About the call, I'm glad to hear it because he's usually right " LOL, now that's funny. I don't care who you are. Let's see. Brinker has one time in his life claimed a bear market was coming--and went to 100% cash. 1) In that instance in 88 he was 100% WRONG. The market was up about 30% before he became fully invested again. 2) From the time he became fully invested again (remember he paid taxes on all gains and missed a 30% move while being less than fully invested by being WRONG ) he was RIGHT to be fully invested. 3) In Jan 2000 he was 60% right--although in a bizarre corruption of what he said he would do if his model ever became bearish-- old "HAVE IT BOTH WAY'S BOB" claimed he was "NOT BEARISH"--he would argue with anyone who said he was. --- give him "1/2 RIGHT" 4) In Jan Feb March --Brinker had a multi paragraph pitch for TEFQX claiming that it was a great investment, early innings, yada yada yada. He pitched it for up to 5% of an entire portfolio. In March 2000 it traded at 18 bucks. He was effusive in his praise. He kept it as a "BUY" until spring of 2001 when it was trading under 4.00 and moved it to a HOLD. It was never seen again. An absolute IDIOTIC CALL and deceptive handling for 5% of a portfolio. We'll give him a mulligan on this one-but it points to his total clueless understanding that the bear to come would prey almost exclusively on the TECH sector and the B2b idiocy was simply dotcom redeaux. 5) In October 2000 Brinker sent a one of a kind SPECIAL BULLETIN urging all subscribers both conservative and aggressive who wanted to make 20% in 60 -120 DAYS to ACT IMMEDIATELY and buy 82.00 QQQs That call was 100% WRONG. He holds this position to this day but has never accounted for it to this day although any reading of the bulletin would lead one to believe that the CASH RESERVES he talked about included monies from the model portfolios that were raised from the call in Jan 2000. This call is an ABSOLUTE !00% FAILURE and should result in flunking any course because of the less than candid handling of the resulting losses. 6) March 2003, Brinker recommended putting all funds into the market that were not left there--1/3--and were not used in the QQQ disaster--up to another 1/3 . That was a good call for 1/2 to 1/3 of a portfolio but is diminished by the absolute disaster of holding through the bear market 1/3 of a portfolio and adding up to 1/3 of a portfolio of 80$ QQQs and 18.00 TEFQX for 5%. Would have been a great call if it was as Brinker would have you believe in his advertising. So you see, with Brinker it's a coin flip. The problem is that Brinker will convert the losers to "non-events" and thus uses a two sided coin. If it seems a winner--"he called it". If it's a loser HE HIDES IT. Any future call has to be judged by these--A TOTAL CRAPSHOOT by someone who has shown himself to more interested in his appearance of an ability to predict the market--than in actual performance.