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 (41446)	12/21/2008 10:36:33 AM
From: Honey_Bee	Read Replies (1) \| Respond to of 42834

PNH, I caught it (someone sent a comment and alerted me). I transcribed some excerpts of what Brinker said about California GO's, and compared it to what he was saying before. So it looks like anyone who took comfort from Brinker's assurance that "he owned them," is now feeling some fear and pain. Yesterday for the first time he said that his are "different" and are "backed by the Treasury." Awww....but he made a very big deal about "The Mad Dog" -- he wouldn't even use the guy's name. After all, Brinker does not believe that "greed is good." He said so repeatedly yesterday. Yeah, right, Bobby. .

To: paulnewmanhero who wrote (41446)	12/21/2008 11:27:58 AM
From: Boca_PETE	1 Recommendation Read Replies (1) \| Respond to of 42834

As to the California GO Bonds, I believe I heard Bob say that his bonds were backed up somehow by U.S. Treasury Securities. I've never heard of this. Why don't you call the program today and ask him to elaborate and how you can get in on some of those securities? Maybe there's someone he knows that he will tell you to call and say "Bob sent me". He may even give you Bernard Maydoff's private phone number. As to the VANGUARD High Yield Bond Fund, right now my IRA is in the hole with that one big time, but hopefully it will come back as interest rates fall and the economy recovers. VANGUARD supposedly selects the best of Junk bonds for this portfolio. With the steepness of this recession, one would expect rates on Junk bonds to rise sharply and depress the share price. That surely happened this past autumn. I too believe that Bob could be much more informative about this fund on his radio show. P