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


To: Trebor who wrote (3498)2/18/1998 3:47:00 PM
From: marc ultra  Read Replies (2) | Respond to of 42834
 
Give me a break, I don't recall Bob making a guarantee that if a rare buying opportunity occurred that it would last a particular length of time, he's made it clear that he can only point out a buying level. He had also discussed the SPYders at length leading up to the buy point. I saw the clear buy level arise but didn't buy in in time because I couldn't move money to my broker account fast enough. This was my problem not a problem with Bob's call. I also distinctly recall him saying on the show prior to the buy opportunity that he thought anybody who bought at that level would do well though it was not quite below 7500 at the time. His market calls including this one have been remarkable and to complain about the details of the call is ludicrous. Maybe some people should spend some money and follow some other market timer and see how happy they are. Also if somebody got greedy and put in an order at 90 when Bob said to buy SPYders under 92 took a gamble on their own to scalp a few pennies off the price and lost.



To: Trebor who wrote (3498)2/18/1998 4:30:00 PM
From: Alan Bell  Read Replies (1) | Respond to of 42834
 
After his Sunday broadcast, it would have been very easy to put a limit order in for long SPY at 92. It would have been filled during that 20 minute window. I did something similar for AMAT and was filled during the selling climax. I also bought some SPY later in the day. While I didn't get 91-92, I still have a very nice gain. This is all the result of following BB's guidance that day.



To: Trebor who wrote (3498)2/18/1998 11:57:00 PM
From: mister topes  Read Replies (2) | Respond to of 42834
 
Brinker said as loud as ever on Jan. 10 and 11 moneytalk shows
to buy SPY under 92. You could have bought all the SPY you
could possibly ever want between 91 and 91 7/8 on Jan 12
and you could have done it and gone snowboarding all day
at Telluride by simply leaving a limit order with your
broker and then scooping up the bargain SPY shares that
traded huge volume in the 91-92 range. If you missed SPY
on Jan 12 it is a bit of a stretch to blame it on Brinker.
I would suggest blaming yourself for arbitrarily selecting
your own target of 90 which was obvioulsy too low.
Sorry if this post is too direct or to the point. I realize
many thread readers here have extremely delicate personalities.