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Friday, March 13, 2009

Dow Gains 600 Points Monday To Friday

Bob Brinker has maintained fully invested model portfolios from the October 2007 market top (1565) to the market bottom on March 9, 2009 (676).

Throughout 2008 as the stock market dropped, Brinker made several "off the books" bottom calls and issued repeated "buying opportunities."

In February, Brinker said that in his view the November low of 750 to 850 was the low for the "entire bear market. Soon after he said that, the S&P dropped to a low of 676.

The first week of March, Brinker said he was looking for a new bottom and did not recommend dollar-cost-averaging in his November 5th newsletter.

THIS WEEK, the Dow added 9%, the S&P 500 added 10%, and Nasdaq added 10%.


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