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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who started this subject3/25/2002 7:17:59 PM
From: Crimson Ghost   of 99280
 
Poetic justice for big Lou from Hussman Economics:

As a final note, Maryland Public Television has announced that Louis Rukeyser will be replaced as the host of Wall $treet Week. We see this as
unfortunate, as Rukeyser was the creator of the show, and one would think that concern with "demographics" would bypass public television. Still, there's a
lesson in the incident. You might remember the name Gail Dudack. During the final runup to the bull market highs a couple of years ago, Gail was the lone
bear among Rukeyser's "elves," and was fired from her post for sustaining that crime for several months as the market rose to its peak. Rukeyser didn't fire
her directly, allowing her instead to find out from the media.

As it happens, that's exactly how Rukeyser learned that he would be replaced this week. You can almost hear the whistle as the Karma train rolls into the
station.
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