Marketimer Special Bulletin - A New Low in Marketing?

We are getting word that Bob Brinker sent out a "special bulletin" to subscribers of his "Marketimer" newsletter as well as those who don't subscribe.

A subscriber tells us that when they logged in they were told "there is no bulletin."

We got an email last night asking us "Does anyone know what Brinkers 8/9/11 bulletin said?" We assume this means news of the bulletin went out to non-subscribers and/or expired subscribers too.

Why send out a bulletin to paying customers then not offer them some insight into the market after it has fallen drastically since telling your audience at much higher levels that you were not selling?

"Of course, the market is now at 1292, a couple of percent higher than when that call came in at the end of June. So this is what happens. If that individual would have sold out at 1270 at that time, he would be faced now with either sitting it out or re-entering at a higher level."   July 31st Advice

We can see why you would advertise a special bulletin to those who did not renew your newsletter. You can hope they will pay again to renew just to see if you advised selling stocks after a huge decline.

Brinker sold AFTER the 1987 Bear Market decline so he has a history of selling near bottoms after big declines. See:

• Bob Brinker's Asset Allocation History.

What we don't understand is why he would risk reminding his current subscribers that he has had nothing to say since bragging about not selling with the S&P500 at 1292 less than two weeks ago? See:

• Moneytalk: August 6 Market Update - July 31st Advice

S&P500 with April 29, 2011 peak

S&P500, DOW & NASDAQ Since April 29, 2011 peak

Click images to see full size graphs

Market Update - Brinker said Remain Fully Invested

July 31, 2011 Moneytalk Update:

Bob Brinker remains fully invested. Last Sunday, July 31, 2011, Bob Brinker said it was amazing how the stock market had taken all of the debate over the debt ceiling in stride. He said the S&P 500 was "setting about 5% below its closing high for the year, which is truly amazing."

Of course, the market is now at 1292, a couple of percent higher than when that call came in at the end of June. So this is what happens. If that individual would have sold out at 1270 at that time, he would be faced now with either sitting it out or re-entering at a higher level.

Bob Brinker went on to say he was not part of the "panic crowd"

New article August 6 Market Update and Bob Brinker's Recent Advice to not Sell

August 6, 2011 Market Update:

S&P 500	Intraday		S&P 500	Closing
Date of last bull market high	05/02/11		Date of last all time high	04/29/11
Last Market High	1,370.58		Last Market High	1,363.61
Date of last low	08/05/11		Date of last low	08/05/11
Intraday Low	1,168.09		Closing Low	1,199.38
Decline in Points	202.49		Decline in Points	164.23
Decline in %	14.8%		Decline in %	12.0%

S&P500 YTD with my "auto buy" level shown with a dashed blue line

click image for full size graph

August 6 Market Update - July 31st Advice

August 8 Market Update:

A devilish decline in the S&P500 today, 6.66%!
Makes you wonder if it was on purpose.