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Politics : Ask Michael Burke

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To: KENNETH R SANDERS who wrote (90614)4/11/2001 12:09:47 PM
From: Micawber  Read Replies (2) of 132070
 
It's Not Easy Being Bullish
By Bill Meehan
Special to TheStreet.com
Originally posted at 9:03 AM ET 4/10/01 on RealMoney.com


The world's greatest rock-'n'-roll band has nothing on Wall Street when it comes to belting out the blues. Assorted gurus, pundits, strategists, analysts and clowns all virtually agree: Pay no attention to the market's nascent gains; don't make a move until you see signs that economic news and earnings momentum have improved; and, for goodness sake, avoid technology stocks and pay up for predictability and quality. Uh-huh. Nary a soul could see anything of importance in Monday's sluggish action, but once again I strongly dissent from the consensus.

thestreet.com
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