Bob Brinker Free Discussion Site 59,820+

Top 939. Jan 21, 2006 7:50 PM

» gabbai - Re: Bob 's on

In response to Bob 's on posted by allancoleman:

What did he say, if anything, about the market?

-- posted by gabbai

Top 940. Jan 21, 2006 7:56 PM

» eccm - Re: Re: Bob 's on

In response to Re: Bob 's on posted by gabbai:

As I recall nothing specific as far as the time to sell drawing nigh, but overall continued bullish tack. Laughed (chuckled) off Friday's Market whoopsie by reminding us it was a triple witching Friday. No big deal. Maintain present course till further notice, Mr Sulu

-- posted by eccm

Top 941. Jan 21, 2006 8:08 PM

» allancoleman - Re: Bob 's on

In response to Re: Bob 's on posted by gabbai:

no gabbai , matter of fact , he didn't .

usual asset allocation - gnma - fixed income ( tips , treasuries , etc ) - and his guest was an ' oil ' expert that spoke about the world's oil supply problems .

surprised that with a computer , you don't just find an ABC network radio station that streams bob's show out on the net and listen to bob if you can't find a radio station nearby where you can hear bob on the air . that's what i do when i'm in kona and the honolulu radion stations aren't coming through to the big island .

and , by the way , if you think bob is going to give you , us , or anyone else any really good stock market secrets on his radio show , you're mistaken . the only ' inside ' tips i've ever gotten on his show were in the form of an answer to another question that bob answered in such a way as to give away his long term thoughts . for example , last summer in response to a caller , bob mentioned to that caller that the S & P 500 ' might ' get to 1350 .

and ' eccm ' is right , " maintain present course until further notice , Mr. Sulu " . if there's any change , it'll be mentioned in the newsletter or with a bulletin .

-- posted by allancoleman

Top 942. Jan 22, 2006 6:10 AM

» dukeandduke - Re: Re: Re: Bob Brinker was on two weeks ago

In response to Re: Re: Bob Brinker was on two weeks ago posted by SteveT:

Why the bad remarks about Bob? I think he offers good advice on the show and he is one of several people (Scott Burns, Jonathan Clement, John Mauldin, Dave Ramsey) who i think give good advice.

I don't subscribe to the newsletter and I know some people complain about the QQQ call. It is funny Bob's general advice (Jan 2000 call to get out and March 2003 call to get back in) is better than the $185 advice (from what I have read here).

His show is ok - I try to listen to the first part of the show to see if he has any thoughts on the direction of the market. Not a big fan of the political talk. He has had some good interviews lately.

Of his guest hosts, Savage is OK. I don't like the coke head Larry Kudlow nor Bill Flanagan (if he is still even considered at this point - zzzzz).

Anyway, if you care to elaborate about "Bob's questionable past" please do. If it is about the QQQ call that has been rehashed here several times.

Thanks.

-- posted by dukeandduke

Top 943. Jan 22, 2006 6:38 AM

» hickfish - Re: Re: Re: Re: Bob Brinker was on two weeks ago

Prepare yourself for an onslaught of information.

I would recommend researching the history of his advice. The mere magnitude of his QQQ recommendation severly hurt a lot of people finacially, who had in the past followed his generally successful calls in and out of the market. When this one imploded he merely swept in under the rug.

Speculating on a call like this when the market was where it was at then was very bold. To completely ignore the bad call is extremely irresponsible.

This forum, if nothing more, serves as a good caveat for anyone just starting in investing and listening or suscribing to the Bob.

In response to Re: Re: Re: Bob Brinker was on two weeks ago posted by dukeandduke:

-- posted by hickfish

Top 944. Jan 22, 2006 7:31 AM

» allancoleman - Re: Bob Brinker was on two weeks ago

In response to Re: Re: Re: Bob Brinker was on two weeks ago posted by dukeandduke:

hello dukeandduke ,

welcome to our merry band . really appreciate your views of bob brinker cause they are very similar to mine . i have no axe to grind on bob's past . especilly as far back as others seem to be willing to drag up on these threads . feel bob , along with most advisors , adds value . it's really up to most indivdual investors to figure out their risk tolerance for themselves . and if they're going to walk off a cliff following others , don't blame others . afterall , it's your money . smile .

i've learned alot listening to bob especially on some things ' not ' to do . smile . but i also learned some of the same mistakes by following others to closely too .

once again , welcome . look forward to seeing more of your posting here .

-- posted by allancoleman

Top 945. Jan 22, 2006 10:08 AM

» SteveT - Re: Re: Re: Re: Bob Brinker was on two weeks ago

In response to Re: Re: Re: Bob Brinker was on two weeks ago posted by dukeandduke:

Why the bad remarks about Bob?

If it was only the QQQ debacle I would be more willing to let it slide. Truth be told that is only one in a series of questionable behavior. I never bit on the QQQ act immediately bulletin so I can’t hold that against him personally. I deplore the attempt to hide it from his true record. It is just not honest.

Did you know about his undisclosed conflict of interest with Ultra Tech Stepper (UTEK)? The way he touted the stock on the radio and his newsletter as the only one to buy in the late 1990s. Did you also know he used an Internet alias on several message boards to pump it. Did you also know he was a partner in the firm that was being paid by UTEK to administer their 401(k)? This didn’t come to light until after the stock tanked during the final phases of the greatest bull market of the twentieth century.

Did you know brinker was pumping the Montgomery fund family while negotiating to be paid a fee by them to consult on a “brinker timing fund”? Did you also know one of Montgomery’s top managers had a slight indiscretion with the SEC.

I am against censorship and witnessed first hand the manor in which brinker handled his own discussion boards. Allowing his thugs to steal the identity of his critics and use it to attempt to discredit them is about as low as it gets.

I’ve said it before and will restate it again. If I could have an ironclad guarantee of perfection and top notch returns following brinker I would not. I can’t see lining his pockets or further inflating his ego. It is guys like brinker that give the industry a bad reputation.

BTW can I take it from your handle you are a fan of the “Trading Places” movie? Do you admire the Duke brothers and the techniques they tried to use to corner the frozen orange juice market? smile

-- posted by SteveT

http://www.suite101.com/discussion.cfm/i...

Top 946. Jan 22, 2006 12:54 PM

» jamesj24 - Results for January Expiration

For those who might be interested, I posted the results of my options trades for January in the options forum.

Basically, the broad indices behaved nicely right at expiration, falling back into the short sale profit range. They had been threatening to break through all month.

The hyper-rally in the OIH index, however, caused a significant loss on the calls I had sold short.

Similarly, WMT's value melted away, causing a large loss. WMT is a company that is limping along, facing a very negative public image. What a change from when Wal-Mart was synonymous with "Buy America" and displayed its name prominently with the stars and stripes.

To get back on topic, I think we're headed for a significant correction in the broad indices in the next few weeks. I didn't hear Bob mention anything about the market for the few minutes I listened yesterday. I heard him griping endlessly about how Alan Greenspan should have changed the margin ratios during the speculative phase of the bull market.

Bob doesn't seem to understand that the Fed apparently has chosen to restrain itself from direct interference in the stock market (and other markets.) It prefers to limit its influence to the use of adjusting the short term interest rates. Alan Greenspan is probably laughing if he hears Bob's suggestion about the Fed's changing the brokers' margin requirement rules. Some brokers tightened their margin requirements voluntarily, and there appears to be latitude for them to do so. Only the minimum standards are required, and they are perceived as sufficient. Recall how some stocks were not marginable, or had higher margin requirements? This are matters that are left to self-regulation in a capilistic system, not mandated by the iron hand of the government, as Bob would have it.

I'm being facetious, but if Alan Greenspan were to call in, Bob would probably start playing the theme music if Greenspan started saying something that Bob didn't agree with, then cut to a commercial. That's one his favorite tricks, and I've heard Bob use the fade trick even with his special guests when they started making points with which Bob didn't agree.

-- posted by jamesj24

Top 947. Jan 22, 2006 1:10 PM

» allancoleman - Bob's on again

for those interested , bob brinker is on again today .

-- posted by allancoleman