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Tuesday, February 24, 2009

Successful Bottom Test; Day #1

As of today, we successfully tested the November 2008 low in the S&P500 at 741.02.

Click chart courtesy of for full size image

Hopefully this means November 21, 2008 was the start of a new cyclical bull market and yesterday was a day of fear similar to the low set in March 2003.

In 1999 and 2003, the years following the big downturns in 1998 and 2002, my newsletter explore portfolio gained 117% and 77%, respectively.

Brinker may have missed this bear market as fully invested, but he says he expects big gains to come before the recession ends. If Ben Bernanke is correct (see Fed Chairman Bernanke Said Recession Should End This Year) that the recession can (and does) end later this year, then we should see major gains start any day. NOW would be the time to add some high octane to your portfolio from my list of "explore stocks."

Since 12/31/98 "Kirk's Newsletter Explore Portfolio" is UP 94% vs. S&P500 DOWN 14% vs. NASDAQ down 28% vs. Warren Buffett's Berkshire Hathaway (BRKA) up 37% (All through 12/31/08) (More Info)

Subscribe NOW and get the February 2009 Issue for FREE! ! (more information)
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BTW, Jim Cramer (Fan Club) is on TV now saying we should get a "big rally" that he thinks is an opportunity to sell before the market goes lower because the fundamentals are terrible. Unlike Brinker who has been fully invested since the top, Cramer told his audience and NBC's "Today Show" national audience to raise 20% cash plus cash for anything you need to buy in the next five years late last year when the markets were about 30% higher.

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