Search Bob Brinker Blogs

Tuesday, August 11, 2009

Thursday, August 6, 2009

Did Bob Brinker Issue a Buy Signal in January 2009?

Posted August 11, 2009....No. Bob Brinker could not have issued an official buy-signal in January, 2009 because his "market timing model" failed to warn him that a bear market of historical proportions was approaching. Therefore, Bob Brinker's Marketimer model portfolios had no cash reserves available in January.

Brinker's model portfolios have remained fully invested and in "buy-and-hold" since 2003. However, he issued several "gift-horse" or "attractive for purchase" buy-levels for new money in 2008 and one in 2009. These are all "off-the-books," but are important because many of his subscribers trusted the advice and invested at these levels. And they are pertinent because they show that "market-timing" can be a costly scam.

Here is a chart of Brinker's bottom calls courtesy of Kirk Lindstrom:

In January, Brinker said that 2009 would be a "significant" year for the stock market. Of course after he said that, the market dropped another 25% and bottomed on March 9th at S&P 677. Brinker no longer issues "buy-levels" by numbers, instead he simply says "buy on weakness."

This is my flame-point Himalayan who prefers to sleep in the dark. LOL!

Dixiegeezer took this picture tonight:


Top Rated Newsletter

Timer Digest Features
Kirk Lindstrom's Investment Letter
on its Cover

Cick to read the full page article!