January 2008 Marketimer with S&P500 @ 1468.36: Dollar Cost Average. Lump sum mid 1400's Pg 3: “In summary, the Marketimer stock market timing model indicates that conditions are favorable for the market as we enter 2008. We expect the S&P Index to achieve new record highs this year and to reach the 1600’s range in the process. We continue to rate the market attractive for purchase on any weakness into the mid-1400’s range. Above this range we prefer a dollar-cost-average approach for new purchases. All Marketimer model portfolios remain fully invested as we enter 2008."After mistakenly calling several market bottoms in 2008, Brinker was looking for another one when the market began a 30%+ rally. March 5, 2008, Brinker removed all lump sum new-money buys and dollar-cost-averaging. Now he is trying to make it appear that he was bullish at the market bottom of 677 in March. That is not true. Some pertinent comments:
Pen-name "bss4brinker" said:
".........The market went from the 600s to the 900s without a buy signal or DCA from Brinker in the 600s.
Bob Brinker had buys all the way down to the mid 800s. The market fell to the 600s and Brinker capitulated on the buy signals just before the biggest rally of the bear. Brinker went silent with no DCA or buy level in his newsletter and nobody here is "chirping" about it."