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


To: paulnewmanhero who wrote (41381)12/18/2008 11:05:06 PM
From: Midwest_Investor1 Recommendation  Respond to of 42834
 
>>>just rode it down with no stop loss like he seems to do for all of his postitions.

This statement is not entirely true.

>>>He is also a financial advisor.

Are you sure about this statement?



To: paulnewmanhero who wrote (41381)12/18/2008 11:24:23 PM
From: octavian4 Recommendations  Read Replies (3) | Respond to of 42834
 
paulnewmanhero said:

<<I agree that now is not the time to sell Microsoft. After all it is down almost 50% from its high and Bob Brinker didn't even discuss it back then and just rode it down with no stop loss like he seems to do for all of his postitions.>>

--He didn't ride UTEK down. He sold it for a small loss. He didn't ride the market down in Jan. 2000. He recommended going to 60% cash; later 65%.

<<I don't excuse Brinker's behavior on the grounds he is a salesman. He is also a financial advisor. And I don't trust him or his character anymore.>>

--OK. Thanks. NOW I can see where your problem is. He is NOT a financial advisor!!!! He is a newsletter writer, and newsletter writers are salesmen. If you never understood that simple fact, I can see why you have a problem with him.