"#9 Please note: In late 2000, Brinker forecasted a several-month bear market rally and recommended an investment in the NASDAQ 100 Index—a trade that turned out quite unprofitably. However, because Brinker at the time of making this forecast chose not to make this trade part of his model portfolios, his HFD record has not suffered as a result."
That is good news for Brinker's official record as the QQQ dropped from $87 the day of the letter to a low of $19.47!
- QQQ is the exchange traded fund for the NASDAQ100 index.
- The NASDAQ100 index is the 100 largest stocks in the NASDAQ Composite.
It is fortunate that Brinker's official "newsletter record" did not suffer from the unprofitable QQQQ trade for up to 50% of cash reserves, but his managed accounts were not so lucky nor Marketimer subscribers who followed his QQQ advice.