What are you talking about, brother?
You're basing this guy's "bad call" (which it could end of being) on a couple week's of market performance? That's pretty stupid - even for you.
1) The dude left the market in June. So he has missed out on more than 2 weeks...yes big gains in the last couple of weeks, but he has missed out on dividends AND likely investing that money at all. I had some HUGE dividends that I got paid at the end of August (reinvested of course). Crazy.
2) IIIIIIIIIIIII don't base things on just a couple weeks, because I'm a long-term investor, but HE said he got out in JUNE because he had a FEELING the market was about to go DOWN, and BIG. Well, he's trying to TIME the market, and since he did that, the Dow and the S&P 500 have hit new highs. Market timers are judged on a much different scale than long-term investors. So far it's a bad call. It could become an even worse call, OR if it were to tank relatively soon, it would be a good call...BUT, he can't wait for 6 years and then we have a drop for it to be good (too many reasons for that for me to mention now). But for NOW, it has been a bad call.