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


To: Math Junkie who wrote (1744)10/28/2007 12:41:35 AM
From: InvesTingRead Replies (1) | Respond to of 2121
 
Everytime you Brinker shills insuinuate I am lying you get your heads handed to you. Here you go again.

This time you stepped on yourself here;

"What we know is that whenever "InvesTing" begins a post with the words "we know," it's usually the case that most of what follows is not "known" by anyone.

claiming that "the great advantage of having cash reserves is to be able to take advantage of these counter trend opportunities when they are identifiable"

Please show us where and when that quote appeared."

Be happy to --you know in that newsletter in November 2000 when you claim anyone who had been a model portfolio investor would have sold his QQQs and went to cash? You know the one where there was one line about the QQQs not being included in the model portfolios on page 6 because it was a "short term opportunity"? You know that newsletter in which Brinker spent two pages touting and pimping this QQQ Counter trend opportunity as the best thing since sliced bread and one sentence saying he wouldn't account for it in his model portfolios on page 8? Yes well the lines below IMMEDIATELY preceded the jive that you claim would have caused a subscriber to sell the QQQs and go to cash.

"ONE OF THE GREAT ADVANTAGES INHERENT IN OUR LARGE CASH RESERVE POSITION IS THE ABILITY TO TAKE ADVANTAGE OF SHORT TERM COUNTERTREND RALLY OPPORTUNITIES WHEN THEY ARE IDENTIFIABLE. WE BELIEVE THE CURRENT OPPORTUNITY WILL PRODUCE VERY SIGNIFICANT GAINS AT LEAST INTO THE FIRST QUARTER OF 2001. WE WILL IDENTIFY THE EXIT POINT FOR THIS SHORT TERM COUNTERTREND RALLY IN THE MONTHS AHEAD."

When you are tasked with ablibiing for that guy, you really ought to read more than a sentence you believe absolves him of responsibility for the worst financial advice I've seen . The context is all important. And NOBODY took away from that newsletter or the December newsletter that Bob Brinker wanted them to sell the QQQs and go to cash. Like Animal House ...... 'they screwed up --they trusted him". When did he identify that exit point Math????