In addition to always advising dollar-cost-averaging new stock market money, Brinker regularly issues an "attractive for purchase" level of the S&P for lump sum investing.
Brinker often brags about these buy levels on Moneytalk -- AFTER the market is much higher. Many times, I have felt very sorry for callers who asked him for advice and the answer they got was Brinker bragging about what "we" did back when the market was at "X."
Now the worm has turned -- so to speak. Instead of the market climbing above Brinker's buy levels, it just keeps falling further every time he issues them. Yes, THEM. He has lowered them four times this year and done completely away with them twice. As of September 16th he recommends dollar-cost-averaging only.
Brinker has changed his "off the books," but very real, buy levels this many times this year:
* Aug 16, 2007 - January 4, 2008 @ 1411: Mid-1400's
* January 20th -- rescinded mid-1400's (recommends dollar-cost-average only)
* Feb 10, 2008 @ 1331: Low-1300's
* Aug 5, 2008 @ 1285: 1240 or less
* Sept 2, 2008 @ 1282: Low-to-mid 1200's
* September 16th -- rescinded low-to-mid 1200's (recommends dollar cost-average only)
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Some much needed humor written by pen-name, Pig:
"Humpty Bobby once sat on the wall
Humpty Bobby had ANOTHER great fall
All the queens Bots and all the queens Shills
Couldn't contain the Basher thrills
More ads.....on the show, .......we need more ads
The Goobers and Geezers are surely mad
He needs new subscribers .........let's scare them bad
For his retirement, to surely pad
O' Prancer, O' Dancer, O' Junior, you bum
why can't you sell your rag to these scum
BurmaPig"
This is a fun picture of my cat, Lama. He's safely inside my living room. 8~)
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