Yes, I do too. I just went into the lion's den again. I posted this EDUCATIONAL INFORMATION:
Bob Brinker may have finally gotten one right - MAYBE."
Here's Bob Brinker's true buy-level record -- ALL made with no sell signals!
* April, 2005, (S&P: 1172.92) "Attractive for purchase at the 1120 level"
* May, 2005, (S&P: 1156.85) "Attractive for purchase at the 1160 level"
* September, 2005, (S&P: 1220.33) Attractive for purchase below the 1180 level"
* July, 2006, (S&P: 1280.19) "Attractive for purchase at 1250 level or lower"
* April, 2007 "Attractive for purchase at 1380 or lower"
* August, 2007 (S&P: 1455.27) "Attractive for purchase mid-1400's.".
• January 4, 2008, S&P @ 1411: "Mid-1400's"
• Feb 10, 2008 S&P @ 1331: "Low-1300's" (delivered via "special bulletin" - no mention of January Marketimer mid-1400's buying opportunity)
• Aug 5, 2008 S&P @ 1285: "1240 or less"
• Sept 2, 2008 S&P @ 1282: "Low-to-mid 1200's"
• September 16th -- rescinded low-to-mid 1200's (recommended dollar cost-average only)
• January 2009 S&P @ 931: “bear market bottom range of 750 to 850."
• Feb. 2009 S&P @ 826: “low-to-mid 800’s"
• March 5, 2009 S&P @ 696: waiting for a bottom and a test of that low. No DC or buy levels.
• April 3, 2009 S&P @ 798: 676 benchmark low in. Short-term weakness is buying opportunity. He gave up giving specifics. S&P500 Target: 1000s to 1100s in next 12 to 18 months. (we got there in 5 months!)
• July 1, 2010: S&P 1030: "attractive for purchase."
* And then that last beauty at S&P 1129 in September 2011 -- SAME level as 2005.
Note that during all those years, he never issued any sell signals. The only one of his buy signals where the market has NOT subsequently dropped LOWER is the "low-to-mid 800's" from February 2009.
Also, it's worth noting that the February 2009 buy-signal was the EXACT level as the one in March 2003.
. |
