Before the opening on Monday. It could have been taped over the weekend.
In that case, no lemming blindly following his advice could have possibly bought at 2247, the markets were closed.
Doesn't matter. News letter guys get graded based on the time they make the call, not whether you could buy or not. They get graded with certain assumptions of the commissions you pay, whether that's what the typical investor would pay or not.
True, the markets would have closed sharply down from that price, making it a bad call, but he missed the bottom by only one day
Yup, he missed the bottom by only 22%. Hardly worth mentioning.
and he does get credit for the gap down
No. He said 2247 was the bottom. He was wrong.
Well, that's a stupid metric that I don't accept, even if it's the standard. It isn't real. Why do you accept it?