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


To: gronieel who wrote (42107)1/13/2009 10:47:10 AM
From: Honey_Bee  Respond to of 42834
 
Groanie,

LOL! Now that's a new and funny spin. I will grant you, however, that he has not recommended selling into these losses, so it is still on paper as far as Brinker's advice is concerned.

Maybe (hopefully) the market will eventually recover and give it back. But in the meantime, his model portfolios (and followers) are taking it on the chin -- so to speak.

.



To: gronieel who wrote (42107)1/13/2009 11:17:18 AM
From: joefromspringfield2 Recommendations  Respond to of 42834
 
Gronieel

What about the people who followed Brinkers all in buy recommendations at S&P 1400, 1300, and 1200. They all have significant loses. I remember a caller thanking Bob after he bought in at the 1200 level. Maybe he could call in this weekend and tell us how he feels about it.
Face the facts, Brinker's advice in 2008 hurt people.



To: gronieel who wrote (42107)1/14/2009 10:50:02 AM
From: gronieel4 Recommendations  Read Replies (1) | Respond to of 42834
 
Wow, those Citi bond equivalents are really on sale today...down over 15% to 4.98.

If they were just ordinary shares, they would be considered a penny stock now, but Kirk says they are just like bonds.

Kirk didn't say what the maturity was though.

Should I back up the truck or just hold to maturity and get all my money back?