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Strategies & Market Trends : Complacency Indexes
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To: TechTrader42 who wrote (976)4/24/2002 9:46:14 PM
From: Monty Lenard   of 1487
 
Gotta tell you this story Brooke.

You recall how we(especially me) made enemies a couple of years ago talking about the WS Crooks. Well I have always contended (at the gymn each morning with the guys) that MER was one of if not the biggest.

Anyway, we were discussing it the other morning and a friend of mine said.."tell it to this guy walking up...he works for MER". Well I just passed and went back to my workout.

In a few minutes he came over and asked if I was referring to all the bad press on MER etc etc. I said that I meant nothing personal to him but that I was glad they were finally getting some heat, blah blah blah. I could tell it irritated him but he gave me this song and dance about how the invisible wall works ...the usual stuff I am sure he is telling his clients that don't know better.

His last statement was "One thing about it when you start seeing this sort of stuff you know the bottom is in"...then he just walked away.

Well you know me...I cornered him in front of some of his cronies and said..."I hope you are not another Abby C. and called a bottom every week for the last couple of years because if you have you have done your clients a great disservice. You have to be real careful or they are going to run out of money if they haven't already." Then I just walked away.

Monty
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