"You can learn so much from history". - Bob Brinker
Bob Brinker’s Marketimer
Marketimer is projecting a significant countertrend rally which is expected to be led by the NASDAQ 100 index. We expect this rally to persist over a period of approximately 2 to 4 months, and generate gains in excess of 20% from the vicinity of the recently established closing low point.
We view this projected rally as a significant trading opportunity for Marketimer subscribers seeking potential short-term gains. Our clear vehicle of choice for this opportunity is the NASDAQ 100, which is traded on the American Stock Exchange under the ticker symbol QQQ.
We recommend Marketimer subscribers with aggressive objectives invest 30% to 50% of existing CASH RESERVES in QQQ shares in order to exploit this opportunity. Also we recommend subscribers with conservative objectives invest 20% to 30% of CASH RESERVES in the QQQ shares in order to take advantage of this opportunity.
Marketimer will provide follow up guidance for this short-term opportunity in regular monthly editions, and if necessary, in follow up bulletins.
We recommend subscribers interested in taking advantage of this recommendation act immediately.
"Please note: In late 2000, Brinker forecasted a several-month bear market rally and recommended an investment in the NASDAQ 100 Index—a trade that turned out quite unprofitably. However, because Brinker at the time of making this forecast chose not to make this trade part of his model portfolios, his HFD record has not suffered as a result."
So indeed one can learn much from history.