Moneytalk Bob Brinker Summaries - Information ONLY

Top 467. Jul 29, 2000 1:25 PM

» Kirk - QQQ Stop Loss at $84

Wouldn't it be a shocker if the cubes gapped down 10 on Monday at the open with all the brinkerBots selliung, not wanting to take a chance after the warning of an "unlimited downside" and all were taken out at $78 and then they recovered to new highs in the next few weeks?

-- posted by Kirk

Top 468. Jul 29, 2000 4:52 PM

» Daku - How do I get the Market Timer Newsletter?

Does anyone know the phone # to order this publication. I listen quite a bit on weekends while I;m driving around on errands but somehow I always miss Bob giving the order/info #.

Thanks all,
Daku

-- posted by Daku

Top 469. Jul 29, 2000 5:07 PM

» Will_L - to get his newsletter

just go to his site--bobbrinker.com--and click on his newsletter--might look around awile before sending the 185 bucks

-- posted by Will_L

Top 470. Jul 29, 2000 8:07 PM

» TonyFromGlendale - Send me a buck...

You can have the rest of my subscription time for a buck...But I'd feel bad for charging too much...

tonyInglendale,CA

-- posted by TonyFromGlendale

mailto:davidk555@earthlink.net

Top 471. Jul 29, 2000 8:27 PM

» JenL_2 - daku - Welcome to Suite 101!

I recommend that you request a free copy of MT before you pay the $185. While you're at it you might as well request a free copy of Kirk's online newsletter - just click on the link in Kirk's signature. Read them both and then decide for yourself which, if either, is worth it to you. You might also be interested in David K's MoneyTalk interpretations - for a free copy email david @

.....Jen

-- posted by JenL_2

Top 472. Jul 30, 2000 8:12 AM

» Kirk - How to Exectute the QQQ sale

I am not in this trade, I have purchased individual stocks for more "juice" and am still up 15% on my buy of LRCX at $24.4 on that day in May... but here is a good post on the QQQ stop.

... you are correct in saying many times a stop limit order will go off as planned and all is well. Unfortunately, you are not guaranteed an execution at all with a stop limit order. If the other side is not there you are left hanging.
Bob's advice to use stop market sell orders would guarantee you are out of your QQQ shares at the next best available bid if the shares trade at the 84 price. So any trade at 84 would give you a market order to sellout at the next available bid. If it is 84 fine. If it is 83 3/4 fine. Point is the preservation of your capital in the event 84 price occurs. Stop market sell order is the only way to guarantee you are out of QQQ if it hits 84 anytime during any day. That is why he advised not to use stop limit orders on the trade. If QQQ does not hit 84 the trade remains open for higher prices.

http://www.bobbrinker.com/message.asp?th...
URL if you must give them a hit...

Again, Bob says his MAJOR goal is capital preservation and a big profit is secondary, hence the stop that may take you out of a successful trade if you had bought at $75 and had your stop now raised to $80.

BTW, I don't have a stop on my shares of LRCX as I was very happy with the price on fundamentals. Bob is trading QQQ that he thinks is grossly overvalued. I'd prefer to ONLY buy things I don't mind holding long term incase my "trade" goes wrong. That way, if left holding the proverbial bag, the bag is not an empty one!

-- posted by Kirk

Top 473. Jul 30, 2000 8:42 AM

» JenL_2 - QQQ stop loss limit at 84?

More on BB's recommended stop loss @ 84 on the QQQ from the "BB Discussion" thread:

Author: Steven_Russell
Date: July 29, 2000 2:04 PM
Subject: QQQ stop loss limit at 84?

Of course, with a stop loss at 84, and then if the QQQ gaps open down Monday morning at 80, there will be no profit at all for those who bought at 80.

Not likely that a gap down open in such a widely traded vehicle will happen like that. But Bob said a "market sell order", at the target 84. That's a stop loss limit order at 84, I believe.

Are the "sophisitcated" traders in this QQQ play knowledgeable enough to know how to place such an order, and what it does exactly? Or are they going to immediately place sell limit orders at 84, and get nailed at an 86 bottom on a sharp market downturn Monday morning?

Author: SteveT
Date: July 29, 2000 3:27 PM
Subject: Brilliant

The trade bob said to buy around 74 (which no one could have bought under 80) now is at around 87 down from 100+. He says sell if it goes down to 84. If it does not go to 84 hold and tune in next week. I can sure see why all the faithful have such a high level of confidence in the model.

Maybe Bob's problem is not the model but how he communicates? No that couldn't be it smile

Steve Thompson

Author: Rande (Rande Spiegelman)
Date: July 29, 2000 3:55 PM
Subject: This whole thing would be funny if

This whole thing would be funny if so many people haven't already been and yet will be hurt. How many times did people talk about buying in the low 90s since "Bob said it was going over 100." Now, what happens if it goes to 83 63/64, then takes off again for 100? Listen carefully everyone -- IT'S IMPOSSIBLE TO PREDICT THE FUTURE. Just set an allocation that makes sense for you and, if you're still in capital accumulation mode, just keep DCAing. Who cares if it's a bear or a bull market? This obsession with short-term trading and market timing schemes is the sort of thing you'ld expect to hear one of those get-rich rip-off seminars.

Rande Spiegelman

Author: Steven_Russell
Date: July 29, 2000 4:07 PM
Subject: Bob says Stop Market Order, which cannot be done on AMEX

Oh good lord, Bob says to put a Market Order in if QQQ "reaches" 84. So, not a Stop Limit Order, absolutely not, which does not guarantee execution, because it shows to the specialist, who then can manipulate the trade to his benefit, so that your order may not go through. HUH?????????

So a Stop Market Order is what is needed, but one cannot place such an order on the AMEX. Where the QQQ trades.

So as the QQQ is crashing through 84 on it's way to 50, the trader is supposed to get through in real time to his broker, to place a real time Market Order, and hope to get first in line, before every other trader trying to do the exact same thing. Yikes.

Boy am I sure glad that this trade is for sophisticated, experienced traders only.

-- posted by JenL_2

Top 474. Jul 30, 2000 9:15 AM

» Kirk - How to trade wtih Stops...

I put up a summary of how to trade QQQ , or any other stock, and lock in gains and protect against losses.

I would be "embarrassed" to have a web site of "experts" debating a QQQ trade where this was never discussed and specifics laid out. But that is just what happened on the Brinker site. Of course, in the spirit of competition, I wasn't going to publish this----> until ….now! 8)

I've also never seen a more perfect example of why trading is not for casual radio listeners and why most novices lose money. Even traders that go to trading school and say they are successful now report that they might take $50,000 to $100,000 to learn the techniques to be successful and they then have to work full time at it.

To think you can get rich quick trading by listening to a weekend radio show where when to get in and out levels will be given on the air…. More snake oil than I've seen ANYWHERE!

-- posted by Kirk

Top 475. Aug 6, 2000 11:05 AM

» Kirk - KGO Radio Schedule

KGO 49er & Cal Bears Schedule 2000

Some of the delayed broadcasts are a good way to listen to missed live shows, especially if you want to do something else besides sit by your computer for 3 hours!

To listen
http://www.kgoam810.com/listeningtips.asp

Full Schedule from
http://www.kgoam810.com/viewentry.asp?ID...

KGO will broadcast most of MoneyTalk after these games

Pre Season Games:

Saturday, August 5
San Diego @ 49ers
Pre Game: 4pm
Kick Off: 6pm
Post Game: 9:15pm-11pm
No Len Tillem
No Shann Nix
Bill Wattenburg 11pm-1am only

Sunday, August 13
49ers @ Kansas City
Pre Game: 3:30pm
Kick Off: 5:30pm
Post Game: 8:45pm-10:30pm
Bob Brinker 1pm-3:30pm only
No Len Tillem
No Shann Nix
Wattenburg starts approx. 10:30pm

Saturday, August 19
49ers @ Seattle
Pre Game: 6pm
Kick Off: 8pm
Post Game: 10:15pm-12:000pm
Len Tillem 4pm-6pm only
No Shann Nix
Wattenburg approx. 12:00pm-1am

Friday, August 25
Denver @ 49ers
Pre Game: 4pm
Kick Off: 6pm
Post Game: 9:15pm-11:00pm
No Afternoon News
No Gene Burns
Bernie Ward approx. 11pm-1am

Regular Season Games:

Sunday, September 3
49ers @ Atlanta
Pre Game: 8am
Kick Off: 10am
Post Game: 1:15pm-3pm
Godtalk 6am-8am only
No Brian Copeland
No Michael Finney
Bob Brinker 3pm-6pm
Len Tillem 6pm-7pm only

Saturday, September 9
Utah @ Cal Bears
Pre Game: 2pm
Kick Off: 2:30pm
Post Game: 6:00pm-6:30pm
Bob Brinker 1pm-2pm and
Bob Brinker 6:30-9pm
(roll at 6pm join in progress)
No Len Tillem
Shann Nix 9pm-10pm

Sunday, September 10
Carolina @ 49ers
Pre Game: 11am
Kick Off: 1:15pm
Post Game: 4:30pm-7pm
Bob Brinker 7pm-10pm
Michael Finney 10am-11am only
No Len Tillem
No Shann Nix

Saturday, September 16
Cal Bears @ Illinois
Pre Game: 8:30am
Kick Off: 9am
Post Game: 12:30pm-1pm
Hamilton extends to 8:30am
No Dining Around
No Joanie Greggains

Sunday, September 17
49ers @ St. Louis
Pre Game: 8am
Kick Off: 10am
Post Game: 1:15-3pm
Godtalk 6am-8am only
No Brian Copeland
No Michael Finney
Bob Brinker 3pm-6pm
Len Tillem 6pm-7pm only

Saturday, September 23
Cal Bears @ Fresno State
Pre Game: 6:30pm
Kick Off: 7pm
Post Game: 10:30pm-11pm
Len Tillem 4pm-6:30pm only
No Shann Nix
Wattenburg 11pm-1am only

Sunday, September 24
49ers @ Dallas
Pre Game: 8am
Kick Off: 10am
Post Game: 1:15pm-3pm
Godtalk 6am-8am only
No Brian Copeland
No Michael Finney
Bob Brinker 3pm-6pm
Len Tillem 6pm-7pm only

Saturday, September 30
Washington State @ Cal Bears
Pre Game: 2pm
Kick Off: 2:30pm
Post Game: 6:00pm-6:30pm
Bob Brinker 1pm-2pm and
Bob Brinker 6pm-9pm
(roll at 6pm start in progress)
No Len Tillem
Shann Nix 9pm-10pm only

Sunday, October 1
Arizona @ 49ers
Pre Game: 11am
Kick Off: 1:15pm
Post Game: 4:30pm-7pm
Michael Finney 10am-11am only
Bob Brinker 7pm-10pm
No Len Tillem
No Shann Nix

Saturday, October 7
Cal Bears @ Arizona State
TBA

Sunday, October 8
Oakland @ 49ers
Pre Game: 11:00am
Kick Off: 1:15pm
Post Game: 4:30pm-7pm
Michael Finney 10am-11am only
Bob Brinker 7pm-10pm
No Len Tillem
No Shann Nix

Saturday, October 14
UCLA @ Cal Bears
Pre Game: 12pm
Kick Off: 12:30pm
Post Game: 4:00pm-4:30pm
Bob Brinker 4pm-7pm
(roll at 4pm start in progress)
No Len Tillem

Sunday, October 15
49ers @ Green Bay
Pre Game: 11am
Kick Off: 1:15pm
Post Game: 4:30pm-6pm
Michael Finney 10am-11am only
Bob Brinker 6pm-9pm
No Len Tillem
Shann Nix 9pm-10pm only

Saturday, October 21
Cal Bears @ Washington
Pre Game: 3pm
Kick Off: 3:30pm
Post Game: 7pm-7:30pm
Dining Around 10am-12pm only
Bob Brinker 1pm-3pm only
No Len Tillem
Shann Nix approx. 7:30pm-10pm

Sunday, October 22
49ers @ Carolina
Pre Game: 8am
Kick Off: 10am
Post Game: 1:15pm-3pm
Godtalk 6am-8am only
No Brian Copeland
No Michael Finney
Bob Brinker 3pm-6pm
Len Tillem 6pm-7pm only

Saturday, October 28
Cal Bears @ USC
TBA

Sunday, October 29
St. Louis @ 49ers
Pre Game: 11am
Kick Off: 1:05pm
Post Game: 4:15pm-7pm
Michael Finney 10am-11am only
Bob Brinker 7pm-10pm
No Len Tillem
No Shann Nix

Saturday, November 4
Oregon State @ Cal Bears
Pre Game: 12pm
Kick Off: 12:30pm
Post Game: 4pm-4:30pm
Dining Around 10am-12pm only
Bob Brinker 4:30pm-7pm
(roll at 4pm start in progress)
No Len Tillem

Sunday, November 5
49ers @ New Orleans
Pre Game: 8am
Kick Off: 10am
Post Game:1:15pm-3pm
Godtalk 6am-8am only
No Brian Copeland
No Michael Finney
Bob Brinker 3pm-6pm
Len Tillem 6pm-7pm only

Saturday, November 11
Cal Bears @ Oregon
Pre Game: 12pm
Kick Off: 12:30pm
Post Game: 4pm-4:30pm
Dining Around 10am-12pm only
Bob Brinker 4pm-7pm
(roll at 4pm start in progress)
No Len Tillem

Sunday, November 12
Kansas City @ 49ers
Pre Game: 11am
Kick Off: 1:05pm
Post Game: 4:15pm-7pm
Michael Finney 10am-11am only
Bob Brinker 7pm-10pm
No Len Tillem
No Shann Nix

Saturday, November 18
Stanford @ Cal Bears
Pre Game: 12pm
Kick Off: 12:30pm
Post Game: 4pm-5pm
Dining Around 10am-12pm only
Bob Brinker 5pm-8pm
No Len Tillem
Shann Nix 8pm-10pm only

Sunday, November 19
Atlanta @ 49ers
Pre Game: 11am
Kick Off: 1:15pm
Post Game: 4:30pm-7pm
Michael Finney 10am-11am only
Bob Brinker 7pm-10pm
No Len Tillem
No Shann Nix

Sunday, November 26
BYE

Sunday, December 3
49ers @ San Diego
Pre Game: 11am
Kick Off: 1:05pm
Post Game: 4:15pm-6pm
Michael Finney 10am-11am only
BobBrinker 6pm-9pm
No Len Tillem
Shann Nix 9pm-10pm only

Sunday, December 10
New Orleans @ 49ers
Pre Game: 11am
Kick Off: 1:15pm
Post Game: 4:30pm-7pm
Michael Finney 10am-11am
Bob Brinker 7pm-10pm
No Len Tillem
No Shann Nix

Sunday, December 17
Chicago @ 49ers
Pre Game: 11am
Kick Off: 1:05pm
Post Game: 4:20pm-7pm
Michael Finney 10am-11am
Bob Brinker 7pm-10pm
No Len Tillem
No Shann Nix

-- posted by Kirk