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: paulnewmanhero who wrote (40548)	11/17/2008 12:58:44 AM
From: octavian	4 Recommendations Read Replies (1) \| Respond to of 42834

Of course I'm sure about it. The Qs are way down, but so is the entire market. You have to look at the money people saved by going to 65% cash in 2000, even if they did put half that cash back into the QQQs. A person with $100,000 in stocks went to just $35,000 in stocks before going into the QQQs. Even if he put $32,500 in the QQQs later, he had about a third of his money in money market during the big market drop in 2001-02. Even if he lost half the $67,500 in stocks, that is only $33,750 lost by the end of 2002. A person who just kept the $100,000 in stocks went down to about $50,000 by the end of 2002. I'm not saying that no brinker follower got hurt financially. I'm just saying no Brinker follower got hurt worse than the typical buy-and-holder, even if he put the full 50% into the QQQs. It was a bad time for just about everyone, brinker follower or otherwise, just like the current times.