Search Bob Brinker Fan Club Blogs

Wednesday, October 22, 2008

Another Bob Brinker Buy Signal Possible

Bob Brinker fans take note! Today the market closed a tiny bit lower than its October 10, 2008 low but on lower volume.

Click charts courtesy of for full size images
More S&P500 Charts

This is the type of "successful test of the low" that BobBrinker has used in the past to give buy signals. I would not be surprised if he issues a bulletin soon.

Click charts courtesy of for full size images

Of course, Brinker has been fully invested since March 2003 and gave many buy signals at much higher levels already. Thus any announcements of a new "buy level" now would be more entertainment than value to his subscribers.

Chart of Bob Brinker "All-In" Buy Levels
Click charts courtesy of for full size images
More S&P500 Charts

My Recent Buys

Using profit taking dollars from selling shares (announcement in pdf) when the market was higher, I recently purchased Google (GOOG Charts) at $310 for my personal and newsletter explore portfolios. I also bought Spiders (SPY charts) at $87.54 for my personal core portfolio to rebalance when the market was at an extreme oversold level.

Fixed Income: I also recently purchased a 4.30%, 1-year CD at Wachovia Bank.

"Kirk's Investment Newsletter" (Click for Free Sample Issue)

Since 12/31/98 "Kirk's Newsletter Explore Portfolio" is UP 157% vs. S&P500 only up 9.9% vs. NASDAQ down 5% vs. Warren Buffett's Berkshire Hathaway up 85% (All through 9/30/08) (More Info)

Subscribe TODAY and get the October 2008 issue FOR FREE!

No comments:

Post a Comment

FREE Updates Mailing List

We email regular "FREE Bob Brinker Fan Club Updates" to everyone on our "Bob Brinker Fan Club" distribution list. If you would like to get on this list, then click this link.

Top Rated Newsletter

Timer Digest Features
Kirk Lindstrom's Investment Letter
on its Cover

Cick to read the full page article!

US Treasury Rates at a Glance - iBond Rates - LIBOR Rates

Must Read:
Beware of Annuities - Payday Loans Warning