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

To: Midwest_Investor who wrote (40272)	11/12/2008 10:20:22 AM
From: Honey_Bee	Read Replies (1) \| Respond to of 42834

Midwest investor said to paulnewmanhero: "I also put money into the QQQ. I lost $$$$ there, but I made up for it with the 2003 call and other Brinker advice." MI, There is no possible way that can be a true statement. Here is why: 1) Brinker only raised 65% cash reserves in 2000, the remainder rode the market down along with the Q's. 2) If you followed "other Brinker advice" after 2003, you added all available new money at much higher levels than the market is now. 3) If you followed "other Brinker advice" and remained fully invested throughout this bear market, while dollar-cost-averaging all new money into the market, you have now lost about 50% of your money and are almost back to the 2003 buy-level of 811 on the S&P 500 Index. 4) If you followed "other Brinker advice," you would still be holding those Q's you purchased at $83 which are now worth $29.62 .