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


To: paulnewmanhero who wrote (40270)11/11/2008 10:18:08 PM
From: octavian4 Recommendations  Read Replies (2) | Respond to of 42834
 
Thank you for answering the questions, paulnewmanhero! I guess we cannot classify you as a "true basher," yet.

paulnewmanhero said:

<<To answer your question, I put a significant amount of money into the QQQQs in the first recommendation in October 2000 then the rest in January 2001.>>

--OK. I'm assuming by "the rest," you mean 50% of your cash reserves went in. I'm also assuming you HAD these cash reserves because you followed the Jan. 2000 recommendation. Is that correct?

<<Did I think he was infallible? No.>>

--If you didn't think he was infallible,would you mind telling me why you put the full 50% in the QQQs (if you did)?

<<But in the March 2003, I missed it by a few weeks and heard him berating someone for missing his call. He then said to wait until a retest before getting all in, so I felt it was not to be missed with the QQQQ. Act immediately and I did.>>

--By that do you mean you waited for a retest, which never came? And did nothing? But he DID say to dollar-cost-average. Didn't you do that?

<<Animosity toward Brinker? I would say I feel that he is now not to be trusted and I found out about his real character, or lack thereof, to little to late. Now what is your interest in Brinker and how do you feel about him?>>

--I am interested in Brinker because he helped me reach critical mass and retire in 2001 at the age of 61. If I had not found him on the radio in early 1993 it is quite likely I would still be working.

I feel about him now pretty much the way you do. But I don't like to see him unfairly maligned by way of exaggerations, emphasis on the negative, de-emphasis or ignoring of the positive, spin, innuendo, assumptions and guesses stated as facts, and other forms of propaganda. Not to mention failure to answer legitimate questions so as not to harm the agenda.

I have no problem with legitimate criticism, such as it seems to me, you have engaged in.

But you need to understand, if you are going to participate on this board, that these bashers are about the same as brinker, character-wise. You can tell that by noting how they do all of the things I said they do above, and insult other posters routinely rather than just discuss the topic as you and I have been doing.



To: paulnewmanhero who wrote (40270)11/11/2008 10:50:21 PM
From: Midwest_Investor4 Recommendations  Read Replies (2) | Respond to of 42834
 
Although you were not addressing me, this is a public board, so I'll share...

I also put money into the QQQ. I lost $$$$ there, but I made up for it with the 2003 call and other Brinker advice.

I also listened to Brinker when he said to not risk one's CM, so I'm still doing ok. down about 20% YTD, but hanging in there.

I'm a little disappointed in this year, but I chose my portfolio as opposed to, say, CD's. The biggest disappointment for me hasn't been my stocks, but part of my bond holdings which went down over 30%. Basically Charles Schwab has some performance issues with their bond funds. SWYSX and SWYPX.