Tuned into Bob today (1/27/13) for the first time in a long time and heard that he recommended a sale of all QQQs (Charts and quote) in October 2012. I bought some in the low 80s when he suggested a buy about 12 years ago. Do you know if this is the first time he suggested that the position be closed out?This person is talking about Bob Brinker's famous QQQ Advice.
Effect of QQQ Advice on Reported Model Portfolio Results
I am enjoying my Sunday, a beautiful day in the San Francisco Bay Area, so I will post a recap of the show later this week along with an answer to this question.
I'll look forward to your recap, but wanted to let you know that I also wrote about this subject soon after Bob Brinker technically closed that year-2000 QQQ trade. Excerpts:
ReplyDeleteNovember 23, 2012....The following documentation is about Bob Brinker's twelve year old trade that he closed October 9, 2012. A trade which he hid so that his official performance record does not account for it -- but it cost followers big money.
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