Honey's Bob Brinker Beehive Buzz reported:
In July, 2007 Marketimer, Bob Brinker predicted a "move into the S&P 500 Index 1600's range as we move forward....."
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In August, 2007 Bob Brinker said: "We rate the stock market as attractive for purchase on weakness that occurs in the area of the S&P 500 Index mid-1400's. Above that level, we recommend a dollar-cost- average approach."
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Brinker repeated the "mid-1400's" buy signal in September, October, November and December.
Friday's close of 1484.46 was above my definition of "mid 1400's" or 1420 to 1480.
Click chart to see full sized version courtesy of stockcharts.com
I hope you did your "Christmas Shopping in the mid 1400's" and unwrap stocks at higher prices in the coming happy new year!
Merry Christmas Everyone!
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