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

To: Boca_PETE who wrote (37396)	7/27/2008 10:03:10 AM
From: sea_biscuit	Read Replies (1) \| Respond to of 42834

After all, it was on his radio show that he excitedly gave his first QQQ counter-trend rally advice in May 2000. The hubris from that timely turnaround call appeared to give him the overconfidence to give the second ill-fated call in October 2000 whereby the QQQ's failed to turn and kept dropping like a stone. Obviously, he's learned that the radio show is not a viable medium to give specific market advice. Actually, since I was not a subscriber, I only got the first QQQ trading signal since it was given on air. Of course, it ended up pretty much a no-profit, no-loss trade. But by the time I came to hear of the second QQQ signal from others, the debacle was already unfolding so I chose not to follow it. So, ironically, the non-paying radio listeners have been spared the disaster while the paying subscribers got thoroughly screwed!

To: Boca_PETE who wrote (37396)	7/28/2008 11:58:59 AM
From: InvesTing	Read Replies (2) \| Respond to of 42834

Thanks Pete, I almost missed your reply to my question as to whether Brinker was jumping up and down about the market this week as he was the week before when it moved up a bit, you would have sworn we were in bubble mania times the way he bragged on a 1-2% gain for a week. :) While of course not mentioning the 10-12% loss in the 5 or so weeks preceeding it. Seems like alan I hate Kirk coleman wants to turn this into some "nah nah na nah nah" thread about a site discussing Brinker being shut down to "me too" chorus. Oddly I think that reflects more about Brinker than it does any of the boards or posters his complaints shut down. I know of no other financial advisor that creates such a divided opinions between saint and sinner. It does go back to his personality on air and his deceptive handling of some calls and I believe to his posting activities that as you know Pete under his alias Brinker and Justa made that "us against them" feeling rub off on others. Brinker always seems to see investing as a wager in which he invariably has to win and those with differing opions are not just losers but need to be condemned as less intelligent, less worthwhile and even in some of his rants "better off dead". That particular bit of paranoia and antipathy for those who do not agree with a two bit radio show host who is often wrong when making large pronouncements, and then hides from them, I believe more than anything else resulted in the sorid history of Brinker on the net. I recall when Brinker pronounced that those shorting UTEK were "better off dead", I was struck at how that was quite a measure of the Brinker mentality. If on the other side of a trade or market opinion, they were not just wrong, they needed to be ridiculed, embarassed or in his posts 'dead'. A pathological way to look at investing if ever there was one. I agree with you Pete that Brinker has been much more careful with not talking about the market much since the QQQ call. Indeed he was so embarassed over that for months you didn't know there was a stock market as the Qs went from 80s to under 20 with Bob holding on. He stopped for a long while acting like a school yard bully stamping his feet in his short pants yelling derrogatory comments toward those feeling different about the markets. He would reserve his same nasty comments for others though who disagreed with his politics or energy policy. I noticed though around the first of June this year that Brinker seemingly couldn't help himself Pete. He was back in that rare form as the know it all sage of marketiming blasting the people on the other side of the market and the economy. Brinker blasted those who dared differ in their take of the situation (who died and made Brinker the final "decider" of the economy/stock market?) calling them "cassandras" and "false prophets" and claiming all sorts of ills they caused people listening to their advice. He ranted that those "false prophets" and " "Cassandras" and claimed they should be embarassed yada yada yada. He claimed they didn't understand that the market had clearly moved up off the bottom and was headed up up and away. At the time just about the first of June the S&P was in the 1400s. Next thing we know was that the market was in the low 1200s. Although I have not been on that facebook site, my wager is that Brinker's words calling those rightly bearish "false prophets" and cassandras and the fun being poked at him by people more than tired of his parlor games and lack of responsibility for his calls if they go the other direction---ie the oil market alibi, as though the finanical crisis didn't happen. So my guess is that Bob is busy lashing out, like trying to get those QQQ bulletins out of libraries after the embarassing advice; he really wanted to shut up discussions of his flip flop from wild bull to "I told you the market might go down". :) His response is totally predictable to you and I Pete. We watched him not be able to handle the truth from his own subscribers on his discussion boards. We watched as Don Lane wanted to distort his record and combat any truth that didn't fit his "perception" that he was selling.