Five Months Buying Opportunity

Beginning in August 2007, Bob Brinker has recommended the mid-1400's range of the S&P 5000 Index as "attractive for purchase" each month. Will he eventually be correct? Probably....hopefully...eventually.....
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Here is an excerpt from what Peter Brimelow wrote:
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By Peter Brimelow, MarketWatch Last Update: 12:01 AM ET Nov 26, 2007
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"Marketimer doesn't seem to have bothered with a hot line at all recently. In its issue dated Nov. 5, Marketimer summarized: "We remain bullish as we move toward the winter season. We continue to rank the stock market as attractive for purchase on any weakness into the area of the S&P 500 Index mid-1400s, in the event such weakness occurs. In the absence of such weakness, we prefer a dollar-cost-average approach for investing new stock-market money. All Marketimer model portfolios remain fully invested."
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Marketimer says flatly that it thinks the risk of a recession is low, although it expects housing difficulties to continue "well into next year." "
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http://www.marketwatch.com/news/story/wild-ride----bold-bulls/story.aspx?guid=%7B07CF0C2B-5BA6-4E34-BBAF-442BFDEFF0E0%7D

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Honeybee here: I find it interesting that when pundits write about Bob Brinker, they almost always leave him weasel room. If one equates a recession to a bear market, here is what Brinker actually said: "We continue to believe that there is no risk of a cyclical bear market............."

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