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


To: paulnewmanhero who wrote (40404)11/14/2008 11:30:31 PM
From: Honey_Bee  Read Replies (1) | Respond to of 42834
 
paulnewmanhero,

You are correct that NOONE wants to talk about Brinker's high yield fund recommendation.

He never talks about it on Moneytalk. He only talks about Ginnie Maes.

However, I did post the facts yesterday. I wrote:

"According to the April 5, 2003 Marketimer, Bob Brinker returned his 65% available cash reserves (not counting the 20-50% of it that many lost 70%+ on the Q's) to the stock market on March 11, 2003 at S&P 807.

At the same time, Brinker also reduced his fixed-income portfolio weighting in Vanguard Ginnie Mae Fund from 50% to 35% and "introduced" a 15% weighting in the Vanguard High-Yield Corporate Fund.

AT the same time, he added RYOCX to his Model Portfolios (and forever buried the 2000/2001 QQQQ-trades). RYOCX rose from his purchase price of $6.60 to over $14 and has now dropped down to the $7+ range."

.



To: paulnewmanhero who wrote (40404)11/15/2008 12:23:39 AM
From: Kirk ©  Respond to of 42834
 
Even though the QQQQ and Brinker's incredibly bullish position last fall and through the spring of this year get the headlines for horrible market timing, you don't hear anyone talk about Brinker's about-face to invest in the vanguard junk bond fund. for years he preached against it, then added it to his newsletter, it went up a bit and I heard him brag about it on the radio. This year it has got crushed absolutely crushed. For the fixed income area I thought that was a horrible recommendation but i haven't heard people talk about it much.

Can you give more specific details? He has so many "off the books recommendations" that crash, they are hard to keep track of. For example, go back and look at the high risk mutual funds he recommended in his April 2000 newsletter for IRA investments before the April 15th tax deadline. They crashed and burned for the most part yet people here lie about him being bearish. I think his whole strategy is to say one thing then have plenty of advice that does the exact opposite so he can let callers on the air to congratulate him for whatever works out. A perfect sucker game for those who are unaware of the business model.

I also read his fixed income portfolio newsletter crashed and burned last month. I can't verify this as I don't get it but it would be rather embarrassing for a "fixed income expert" to lose as much money as I read he lost. I read it on a pro Brinker board that does not allow "bashers" to post so I could not ask for clarification. I'd love to know if his fixed income only portfolios lost money.