Replies to post #2672 on Zeev's Turnips Patch-No Politics (ZEEV)

[Bruce A Thompson]

Public Heel,

In early 2000 Brinker advised everyone to go 100% Ginnie Maes. When the yield dropped with the interest rate, there was a huge increase in the underlying bond price. Not only have those that took his advice been yielding over 5 1/2% interest, but the overall return to date exceeds 27%. Not bad when all around you are loosing their ass. Right now he still is advising GNMA's. I don't agree because when rates begin to rise, the price will fall more than the yield.

BWDIK

BT

[mainehiker]

On Brinker...
you are correct...he more or less called spring collapse in 2000 but was a bit early..he perfectly called summer rally and fall collaspe BUT INCORRECTLY called for QQQ rally in later fall 2000 and angered many of his "sheep" as he further called for rally into 2001....finally admitting (well never admitting really) it was a bad call. He has been bearish since and missed the fall 2001 rally post 9/11..and is is now vaguely talking of buying opportunity sometime in next 12 months.