To: Boca_PETE who wrote (5614 ) 9/29/2010 11:52:04 AM From: Honey_Bee 2 Recommendations Read Replies (1) | Respond to Boca Pete:"a. You believe he mostly lies intentionally because he sadistically has a secret agenda to mislead followers of his advice." * Yes, because truly following all of his market-timing advice would be financially disastrous. And he posted right here on SI that he thought it would be "poetic justice" for his "freeloading" listeners to lose money. "b. You believe he is honest, but not credible because some of his past timing calls and advise to followers have led to financial losses for those who followed such advice." * Nope, not honest. Try being a new subscriber to the July, 2010 Marketimer (which contained a new "buy-signal") and finding out that he gave buy signals at 1450, 1350, low-1300's and low-1200's in 2008. And not credible either if you know all of his "off-the-books" advice since 1987, as I do. "c. You believe what he says on the radio and in his newsletter is designed to generate newsletter subscription sales for himself, rather than educate investors and followers to the point where they can manage their own financial assets in a prudent manner." * BINGO! Although, I give him credit for educating listeners about managing their own finances. "d. You believe it is impossible correctly time the markets over the long term, and, his belief that you can do that correctly sometimes, and as a result sometimes come out ahead, compared to those who buy and hold forever. Your resent is based upon the belief that Brinker knows better and only claims long-term timing is possible to generate newsletter subscription fees from clueless greedy subscribers who want to believe such long term timing is possible." * Bingo again, except that I would say it is NEARLY impossible to time the market. e. You just hate the S.O.B. because you lost a ton of money on his early 2000 QQQ call that turned out to be a disaster and now you live on "The Boulevard of Broken Dreams". * WRONG on all points! "f. You believe because he's been coasting for many years, he's no longer the sharpest knife in the draw and he's missing a few french fries for a happy meal." * Nope. I believe he is VERY sharp knife, but being smart does not necessarily equate to mental health. "g. You feel you would have had much more financial assets at this point had you not followed Brinker's advice, and, you are disappointed because you wanted to pay more taxes so the government could redistribute more to all of the areas targeted by Obama's stimulus plan (ie. unions who donated to Obama's campaign, bankrupt state bail outs, failing foreign banks, wall street firms who overleveraged their balance sheets, the U.S. auto industry, mortgagees whose credit never justified their home purchases...)" * Very funny, also very wrong. 8)
