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Tuesday, 04/13/2004 5:03:56 PM

Tuesday, April 13, 2004 5:03:56 PM

Post# of 285
Interesting post about Bob Brinker on SI
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=20016982
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To:Larry Dudash who wrote (21090)
From: Jerry Somer Tuesday, Apr 13, 2004 1:39 AM
Respond to of 21122

Brinker has been listing the Qs -- as well as VOD, MSFT, Spyders, Diamonds, et cetera -- in his newsletter under the heading of INDIVIDUAL ISSUES. He has often written about the QQQ trades in an earlier section of the newsletter. He has never included discussion of QQQ trades in the sections devoted to model portfolios.
Bob makes "on-the-record recommendations" as well as "off-the-record recommendations". "On-record" recommendations are covered by his model portfolios, and these portfolios form the basis of his newsletter performance evaluation. "Off-record" recommendations are strictly for traders who are often willing to take very large risks, and should be ignored (or simply treated as market discussion) by everyone else.

Brinker also does day trading and swing trading, and he has talked about this many times on his radio show. He has also stated that he often does this with Microsoft and Intel, as he considered them in the past to be good trading stocks. However, he has always stated that unsophisticated listeners not do as he does. From the tone of his conversation, I always considered his QQQ trading advice in the same light. Anyone who took his advice should only blame themselves for any bad outcome, which also allows them to credit themselves for any good outcome.
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