Today, the stock market ended its 4th straight week of advances. The best four weeks since 1938.
In the past four weeks, the Dow has risen 21%; and the S&P 500 Index is up 23.3%.
Recently, Brinker seems to have given up on recommending new-money buying-opportunities at certain levels; and in the past couple of months has not recommended dollar-cost-averaging in his newsletter.
In the March 5, 2009 issue of Marketimer, Brinker said he was looking for a new market bottom. The S&P bottomed on March 9th and has risen 23% since then. Brinker didn't say a word about it during the whole four weeks, and he didn't issue any new-money buy-signals. [Brinker's model portfolios have remained fully invested since March 2003.]
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