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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (42802)	7/12/2009 8:15:57 AM
From: Boca_PETE	Read Replies (1) \| Respond to of 42834

sb, It would be surprising to hear he had turned bearish and advised selling at or near the bottom. I dropped my subscription this past May so I'm not the one to answer you question. I've got to agree that the market sure looks like it's rolling over here. Falling long term treasury rates must be reversing some of those TBT profits from your portfolio unless you ditched that eft. P

To: Skeeter Bug who wrote (42802)	7/12/2009 10:41:43 AM
From: Boca_PETE	Read Replies (1) \| Respond to of 42834

HERE's what "THE FORMER COMMISSIONER" (Dylan Ratigan) believes about your observation that the market appears to be rolling over: (QUOTE) NEW BULL MARKET...OR SUCKERS' RALLY? Blodget: Last question. You've been right in the middle of this meltdown day after day, interviewing the smartest people, etc. So is this a new bull market, or is this another suckers' rally? Ratigan: Suckers' rally. No question. That's not an indictment of the judgement of the market. That's just my perception of the ability of the banks to function in a timely fashion, the ability to create meaningful amounts of jobs in the immediate future, and the as-yet unrecognized meaningful losses to come in commercial real-estate and other asset classes... We've gone through a transition where things were getting bad in a freefall, and now they're just getting slowly worse. So it's a transition from jumping out a plane without a parachute, and now, after a year of free-fall, we've pulled the parachute, which feels a hell of a lot better than the freefall... I think we're dealing with a problem that has a few years in it, not a few months (UNQUOTE) businessinsider.com Why would it not surprise me that YOU concur with the above viewpoint. BTW, the new Sunday WABC local programming in Brinker's former time slot (4pm-6p) lists Dylan Ratigan as one of the rotating hosts. Could it be he will be on WABC today? wabcradio.com P