OK, for all you Oliver Stone conspiracy theorists out there... here's a scenario for you...
EG is sitting in her Easthampton Digs... she's miscalled a 28% runup, and is lumped in with Mr. Metz at bear central, nobody returns her calls, shows don't ask for interviews, and they make fun of her recent strategy when they do... not a pretty sight for the former darling of Wall Street. What can she do? If she continues to be a bear, she continues to get pummelled, if she changes to a bull, everyone asks why pay any attention when she just missed a huge runup. Subscriptions to the newsletter are sinking fast.. she has to do something...
SOOOOOOOOO she tells her hotline listeners, or sends them snail mail, that she's still super bearish, but she's going to ANNOUNCE that she's bullish. The markets, freaked out by her reversal, and knowing how possible it is that's she's 100% wrong in calling for a bull now, sell off like there's no tomorrow. She then pulls out certified copies of the letters she sent to her subscribers and says "I was always a bear, I just needed to give the markets a little push..."
What do you think? |
