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

To: EQ who wrote (37018)	7/16/2008 2:46:28 PM
From: Kirk ©	Read Replies (4) \| Respond to of 42834

When will you accept the fact it is NOT about making mistakes? Your REFUSAL to accept this and repeat nonsense is harassment. Everyone makes mistakes. Honest people include them in our performance records so there is no need for footnotes. "Brinker’s fund selections on average have lagged the market. The HFD reports an 11.5% annualized gain for his “Aggressive” portfolio, which is 0.9 percentage points per year less than what this portfolio would have made if each of its funds were invested in the DJ Wilshire 5000 during the times they were owned.” __ March 2008 by Mark Hulbert on Pg 3 of the March 2008 issue of "The Hulbert Financial Digest" "Please note: In late 2000, Brinker forecasted a several-month bear market rally and recommended an investment in the NASDAQ 100 Index—a trade that turned out quite unprofitably. However, because Brinker at the time of making this forecast chose not to make this trade part of his model portfolios, his HFD record has not suffered as a result." __ March 2008 by Mark Hulbert on Pg 3 of the March 2008 issue of "The Hulbert Financial Digest"

To: EQ who wrote (37018)	7/16/2008 2:47:22 PM
From: InvesTing	Respond to of 42834

That's beyond silly. If anyone is not consistantly successful in what they claim to do be able to do, then they are worthless, beyond worthless in fact. Brinker is a consistantly successful spinner and babbler. He is not in fact consistant in his advice even as to what to do in the same situation. He is INCONSISTANT and with troubling frequency UNSUCCESSFUL. Two examples. For months during the late 90s Brinker would claim that if his model ever became bearish he would go to 100% cash. He claimed that his model was either bullish or bearish. He would berate any caller who wondered about keeping this or that should there be a change in Briinker's model. In every instance he would tell the caller that if his model were ever bearish he would recommend a 100% cash position or short positions. He wore out the old saw about piano player in the house of ill repute making his point that if ever his model was bearish he would recommend selling everything. Then comes January 2000 and Brinker claimed he was "NOT BEARISH" "THIS IS NOT A SELL SIGNAL" and indeed he spent more space talking about BUYING a volatile B2B fund TEFQX over the next three months than mentioning a bear market. That is INCONSISTANT. Brinker decided in the sping of 2000, also very INCONSISTANT with a bear market to be trading highly volatile securities like the QQQs. He decided he would do a radio trade. Well it didn't go as planned and though it could have been ended profitably at over 100, Brinker urged listeners to wait until he gave the sell signal. The Qs hit a snag and he placed a stop loss at 85 or so and the trade ended. At this time Brinker said "The trade is over. The most important thing in a bear market is capital preservation." Even then some goobers and geezers blamed the market and specialists and all matter of alibis for Brinker's failure. They were anxious for Brinker to call another one of these trades for just subscribers. He didn't disappoint. Brinker sent a snail mail message that was undated, unpriced to buy QQQs and to ACT IMMEDIATELY. There was no mention of risk, suitability or an exit strategy. There was the hype of "opportunity" "20% or more gains in two to four months" . There was an idiotic recommendation in a mail delivered document that was undated and unpriced and the sender knew that there was a reported delay of up to 10 days to 2 weeks before all subscribers recieved his materials. These are all INCONSISTANT with any sort of fiduciary responsiblity. Brinker recommended that some investors use up to 1/3 of their entire equity portfolio to buy these securities. He recommended even very conservative investors to use 12-19% of their equity portfolios to buy these QQQs and to ACT IMMEDIATELY for this great opportunity. This is INCONSISTANT with anyone to whom I've ever spoken's idea of proper advice for such a huge investment move. NOw this trade went up briefly and then began a nearly straight down slide that resulted in Brinker yapping like he knew what was going on and urging people to hold on as the security went from the 80s to just under 20/share, losing 75% of value for up to 1/3 of an entire portfolio. Brinker never discussed risk, or an exit stratagy and never mentioned that bromide that has a great deal of merit in such a flakey trade that he said was the reason to end the same trade in the same index with the same claimed opportunity just 3 months prior, "The trade is over. The most important thing in a bear market is capital preservation". This was and still is INCONSISTANT. I would say before you could ever be "consistently" successful in the financial advisory service; you would have to be "CONSISTANT" and honest.