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


To: gronieel who wrote (40672)11/20/2008 10:08:43 AM
From: Kirk ©  Respond to of 42834
 
So when Brinker's record as a market timer is a failure you resort to making fun of the terms I use on a message board where I have a bit of fun with language everyone understands to correct a lie you started about a stock I made money in.

That seems rather pathetic to me....



To: gronieel who wrote (40672)11/20/2008 10:21:32 AM
From: Kirk ©  Read Replies (1) | Respond to of 42834
 
Didn't you say GE is like a mutual fund?

What fund was that, TEFQX?



I recall trying to get my parents to sell half their GE in 2000 when it hit $60 and the work I was doing as an analyst said it was over valued by a factor of 2 relative to the S&P500. My Dad said "Brinker says it is like a mutual fund and you can have up to 20% in it."

Today GE hit 12.65 as it seems to be trying to imitate TEFQX. Sadly, I bought some at higher levels, but not anywhere near the top. It seems to be dropping just like the banks.




To: gronieel who wrote (40672)11/20/2008 7:06:16 PM
From: octavian6 Recommendations  Respond to of 42834
 
gronieel said to kirk:

<<And you still talk about taking massive profits usually near the tops and suffering only minuscule losses, if any.

And yet, all this hoohah doesn't seem to flow to the bottom line as you suffered DOUBLE DIGIT LOSSES last year and are way under water this year.>>

--I don't know how he does it! He's the only one in the world making money on Citibank, and if I recall correctly he said he didn't even lose any money on WCOM (or maybe it was one of those other stocks of his that went to zero).

Something just doesn't add up. If he doesn't lose money on his poorest stock picks, how does he have those losing years??