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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Frederick Langford who wrote (22724)10/28/2001 5:08:20 PM
From: TechTrader42  Read Replies (1) of 52237
 
Excellent piece:

"This Mr. Sunshine Sees More Rain"

nytimes.com

Note the paragraphs about perma-bears:

Mr. Cliggott was not the only bear on Wall Street during the last two years. But many of the others are dismissed by professional investors as "perma-bears," pessimists who have called stocks overvalued for a half-decade or more. Mr. Cliggott has been both bullish and bearish over that span.

"He's a great strategist," said Scott B. Schermerhorn, who manages $3 billion for Liberty Funds in Boston. Some strategists make up their minds about the market's direction, then search for data to support their views, Mr. Schermerhorn said, "but Doug just looks at data and interprets what the data seems to be telling him."
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