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

To: Math Junkie who wrote (8629)	11/9/1998 6:09:00 PM
From: Kirk ©	Read Replies (1) \| Respond to of 42834

more valuable advice some forget stay out of junk bonds stay out of gold stay out of heating oil and other get rich schemes Buy GNMA or intermediate treasuries or Treasury Direct. If a guy gets a commission, then he does not have your best interest aligned with his. on and on and on...... Often your BEST investments are ones you learn to run away from! regards Kirk out

To: Math Junkie who wrote (8629)	11/9/1998 6:25:00 PM
From: Tony Viola	Read Replies (4) \| Respond to of 42834

Richard, >>>What got him to where he is now is his record over the past ten years, most of which you seem to want to ignore, as far as individual stock picks are concerned.<<< Why is it that UTEK, STII and KMAG stand out most in my mind? However, again, I 'm only a 2 1/2 year listener. >>>Where were you when he suggested dollar-cost-averaging into AMAT a few months ago?<<< AMAT went into a swoon this summer when the overall market tanked, like most tech stocks. When the market recovered, it did also, along with most of the rest. Where's the astuteness in that dollar cost averaging call? It came, I believe, just before AMAT and most other semis tanked. When AMAT recovered, they all did (except a couple of the semi equips). While we're on techs, Bob gets a lot of calls about Intel. He quite often has an opinion on Intel, and says he considers it a great trading stock. I've heard him everything from bullish on Intel to neutral, maybe even slightly bearish. Herein lies my main gripe about his individual stock picking. He learns just enough about tech companies to be dangerous, sounding to the uninitiated like he really knows his stuff. I happen to know a lot about Intel, their products and future plans. I can tell that he doesn't, and his calls on Intel, buy/sell, don't seem to line up with Intel's good/bad/neutral prospects at all. The point is, why should they, since he doesn't really know the semiconductor industry, or Intel. This is what I mean when I say he should stick to what he knows best, the overall markets. I also think he'd do himself a favor, since the only times I've heard him do any serious backpedaling was with callers who wanted to talk about his stock picks. >>> It is true that he failed to anticipate the last downturn in the sector, but so did nearly everyone else.<<< I have no problem with that at all. He doesn't have a crystal ball. >>>All these companies will turn around. If you can't tolerate the volatility until they do, that is why he recommends controlling individual stock risk by limiting the amount to 4% of the portfolio.<<< Agree completely. >>>Saying that a person's individual stock picks either have to be perfect, or he has to keep quiet about them, is absurd.<<< I said nothing like that. He can say anything he wants on his program. I'll take heed to his overall market calls, but not to his stock picks. Hey, he likes to talk about sports too. Would you put money down on his next year's National League pennant race predictions? I say he has as much chance of predicting that as he does in picking the best performing tech stock. Tony