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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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From: Honey_Bee10/1/2007 4:31:08 PM
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Brinker’s last “buying opportunity” was in the “mid-1400s” range. He reminded listeners of this several times this weekend and pointed out that the market is now close to its all time high. He pointed out that there were many opportunities to buy at that level and even lower.
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Honeybee sez: The sad, but important fact that Brinker neglected to mention is that he didn’t tell Moneytalk listeners about this buying opportunity until AFTER the market was way above that level. Generally speaking, you can't buy stocks retroactively.
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Although, I understand it's possible to call the end of a non-existent secular bear megatrend that way. 8^)

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