A few thoughts for Bill Meehan..........., I have talked with Bill Meehan a number of times especially via PM since 1999. He was an warm, sincere guy, with a great sense of humor, who would speak his mind about what he really thought was happening with the US Markets. He was not one of the Automatons who hypnotically repeated shallow sell side platitudes in a monotone voice.
He was even going to use a couple of charts I had created showing the Long term Nasd back in Jan and Feb of 2000 when the NASD was 4 standard deviations above it's 200 day Moving average.
He was going to incorporate them in an Investment talk he was giving in Phoenix, in late April of 2000.
Of course,with the Nasd having a massive decline from March 10th into mid April of 2000, It had become self evident that greater downside risks were present than many realized.
When he started writing for RealMoney.com this year, I really enjoyed and benefited from his incisive and coherent writing and analysis, I don't think I've ever seen anyone make money trading INTU so many times over the years -g-
We should thank AntMan for bringing Bill over to SI, and I will always fondly remember, the accessibility, warmth and integrity that made Bill a special friend to many of us on SI and in the Wall Street community.
Bill even shaved his beard off a few months ago, as he was obviously sprucing up for Happier and more Hallowed stomping grounds upward in the sky. God Speed to him. My sincere condolences for his family.
John |