Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kirk © who wrote (37491)	7/31/2008 8:08:46 PM
From: Boca_PETE	Read Replies (1) \| Respond to of 42834

Hi Kirk, Did you buy any TEFQX near the top of the bubble as per the recommendation? If so, what was YOUR percentage loss? Although I lost 63% after ultimately selling at $1.63/share, I had only invested $8,200 at an average cost of $4.40. I agree that this was a dog of a recommendation! I remember he was really caught up at the time with the tech sector quoting Barron's articles by Eric Savitz on his radio show. He was talking chip buses and all kinds of stuff he deluded himself into thinking he had a lot more knowledge about than it turned out he did in reality. Too bad. The bubble sure disoriented him. P :-(

To: Kirk © who wrote (37491)	7/31/2008 9:49:56 PM
From: Honey_Bee	Read Replies (2) \| Respond to of 42834

One thing is for sure, Brinker often makes mistakes that are very costly to those who actually take his advice. 1) Completely missed the 1987 crash 2) Went 100% to cash 1988-1991 and missed much of the market rise. 3) Raised only 65% cash in 2000 -- rode the ugly bear down 35% invested and recommending dollar-cost-averaging the whole way down. 4) Recommended buying QQQ at $83 in October, 2000 with 20-50% of cash reserves -- rode QQQ down to low-$20 range. (those shares still on hold) 5) Recommended TEFQX -- still on hold. 6) Returned all cash to market in March, 2003 -- excellent advice, but his true followers may not have had much cash. 7) Had a buy-level at mid-1400's from August 2007 until January 2008, when the current bear market began. 8) February 10, 2008, issued a new buy-level at low-1300's and claimed the "bottom" was in -- market dropped to 1214.91 July 15, 2008 (intraday low 1200.44) 9) Completely missed the current bear market -- recommended dollar-cost-averaging and 100% invested all the way down. 10) Beginning in July 2008, now says market "directly correlated" to price of oil and only "fools" think they can predict the price of oil. So does all that mean anyone who thinks they can predict the price of the stock market is a "fool." ROFLOL! .