Has Bob Brinker said anything about the markets or sent any special buy bulletins of late? If I missed any announcements by Brinker about finding that bottom he was looking when the S&P500 was at 1325, please send me an email or post about it on our "Bob Brinker Discussion Forum" at Facebook's "Investing for the Long Term."
For Brinker's sake, I hope he didn't switch from "Lump Sum in Mid 1400's" to "Dollar Cost Average until I identify a bottom" nearly to the day the market bottomed!
Only question is why wait for Jim Cramer or Bob Brinker? I already bought financials for my newsletter and personal account. Citigroup currently at $29 yields 4.60%, more than you will get at Vanguard's money fund after they cut rates and more than many CDs will pay once banks start to lower rates. XLF at $28.64 yields 3.66%. Why wait for Brinker or Cramer to tell you how to invest?
==> High Yield CDs
See:
- Jim Cramer's Rant with Erin Burnett: "Cramer Meltdown Video"
- Monthly Chart & Fed Fund Rate Cut Suggests The Bottom Is In
==> High Yield CDs <==
Kirk's Investment Newsletter: Testimonials - Subscribe Now
Cramer is a cartoon character. As for the rest: if you are a bond salesman ( Gross) and you would like your portfolio to shine, what would you hope for? The fed lowering interest rates.
ReplyDeleteHelicopter Ben is running out of bullets. Will he run out before the dollar is worthless?
As for inflation- look at REAL prices not the BS core nonsense. That is why the middle class is struggling. Imagine a family with 3 children and the cost of milk and bread alone, not including gas, etc.
Blame Ben but who caused this subprime slime. Citicorp, CFC, and the list goes on. Are any of them going to jail for the scam, I doubt it.
old john
I think Brinker is waiting for the S&P 500 to return to 1310 and then bounce up again before he issues a "put new money in" signal.
ReplyDelete