Bob Brinker Failed to Call the Major Bull Market Rally

* Bob Brinker's timing model did not see the mega-bear market coming as we entered January 2008. He has never raised cash.

* Brinker remained bullish throughout the whole bear market until just days before the actual market bottom.

* Then astonishingly, Brinker did not see the largest stock market rally since 2000 coming. Four days before the beginning of a 31% rally on the S&P 500 Index, Brinker said:

March 5, 2009, with the S&P 500 Index @ 696.33: Marketimer, Page 3; Paragraph 4: “Due to the fact that the November 20, 2008 S&P 500 Index closing low failed to hold during the testing process, we believe a new bottoming process will be necessary for a sustainable market advance, we need to see a sequence of events consisting of (a) the establishment of an initial closing low; (b) a short-term rally; (c) a test of the area of the initial closing low on reduced selling pressure."

* Today, the S&P closed at 872.81 -- up 9.5% in April, and up 31% from the March 9th closing low of 677.
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