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Strategies & Market Trends : Stock and Bond Market-Timing: Can it be Done? -- Ignore unavailable to you. Want to Upgrade?

To: Honey_Bee who wrote (45)	1/16/2009 4:37:10 PM
From: Kirk ©	Read Replies (2) \| Respond to of 3605

I totally agree with that. I have often said that it doesn't matter what anyone does or does not do with Brinker's advice and recommendations. What matters is what he has advised and recommended -- that is what HE is responsible for. Over $50 Billion was under Bernie Madoff for management on the impression he gave with his "bogus returns" that he never had a losing year. Were all the professional hedge fund managers, movie stars and regular people from his synagogue who gave some to ALL their money to Madoff wrong because they trusted Madoff's reported returns? I wonder if it is much different than turning over $100,000 minimum to Brinker's money management company for about 2% a year expecting him to avoid bear markets without being told he said put half the cash reserves into QQQ, missed the 1987 bear market and recently issued a gift horse buying opportunity in the mid 1400s just before the market crashed to the 700s. Where does the responsibility for being truthful end and the responsibility for auditing the books of the advisor, that even the SEC failed when asked, begin?