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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: InvesTing who wrote (38982)9/23/2008 1:51:01 PM
From: sea_biscuit  Read Replies (1) of 42834
 
...“So what we have here basically, is an example of false prophets and it’s sad. And the reason it’s sad is the damage done. Think of the people that are looking today at the market, S&P at 1400 and they’ve been scared out of the market in the first quarter by these bears………It’s just amazing and yet these people are out there, and these people are not happy, I’m sure, to find themselves out of a rising market since March. To find themselves looking for ever lower prices when in fact we’ve had the opposite."..

Here's my reply to that one!

...“So what we have here basically, is an example of an arrogant carnival barker and it’s sad. And the reason it’s sad is the damage done. Think of the people that are looking today at the market, S&P at 1195 and they’ve been fooled into staying in the market in the second and third quarters by this charlatan………It’s just amazing and yet these people are out there, and these people are not happy, I’m sure, to find themselves caught in a collapsing market since July. To find themselves looking for ever higher prices when in fact we’ve had the opposite."..
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