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Strategies & Market Trends : Stock and Bond Market-Timing: Can it be Done? -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (2802)8/18/2014 4:27:50 PM
From: Investor2  Respond to of 3605
 
Did you add significantly when he gave the gift horse buy when the market was in the $1500s in 2007 and fell to the $1400s?

I'd have to go back and look how much, but I'm sure the amount if any was not "significantly."

The gift horse buying opportunities that really stand out in my mind were the ones back in the mid-90's, but even then I don't know if my buys would meet the definition of "significant."



To: Kirk © who wrote (2802)8/19/2014 12:27:56 AM
From: ETF11 Recommendation

Recommended By
Honey_Bee

  Respond to of 3605
 
Kirk,

The S&P 500 closed at 1473.91 on July 30, 2007

The "stock market as attractive for purchase" Special Subscriber Message given on July 29, 2007 was a Sunday.

Regarding what you said in a prior post,

I've heard some who took his advice to be 100% in equities used leverage to get more funds for his buy signals

That is unquestionably true.
It is simply natural, normal human emotions that are going to cause many people to do that.

It's the very fear and greed of normal human emotions that is such a huge part of investing in general.

I guarantee you with 100% certainty, that when Bob Brinker gave the "Act Immediately and buy QQQ" with 20-50% of cash reserves in August 2000 (and apparently repeated 5 additional times in issues of Marketimer to buy QQQ), that there were very many who went WAY beyond 50% of cash reserves, even past 100% of cash reserves and leveraged themselves on margin to try and make as much as possible on it.

On that call in particular, because he was correct with the January 2000 call, subscribers felt he could predict the market and could do no wrong.......and did not appreciate the risk involved in the QQQ purchase.

I personally received that "Act Immediately" Special Subscriber Message in 2000 and communicated it to a good friend of mine. And I "Acted Immediately" on the advice and bought QQQ

Below is the proof of what the S&P 500 was at the first day after the Subscriber Message you posted.
By the way, I think those "screen shots" of Marketimer and Special Subscriber Bulletins that you have posted are quite helpful, and carry quite a bit more weight than just describing them.