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Thursday, January 22, 2009

Microsoft Back to 1998 Level

Bob Brinker's Marketimer "Individual Issues" list has included Microsoft for many years. Brinker upgraded MSFT to a buy on March 11, 2003 at $23, and it is currently on hold.

Marketimer April 3, 2003, Bob Brinker said: "On March 11, we upgraded Microsoft to "buy" at a price of $23....."

Bob Brinker also issued his major buy signal in March 2003 -- investing all available cash reserves at S&P 807.

Here we are almost six years later. The S&P 500 Index is basically flat -- it closed at 827 today, but has been as low as 752. Today Microsoft closed at $17.11. Oops....

Dixiegeezer took this picture of El Capitan in California's Yosemite Park:


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