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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (33770)10/13/1998 11:47:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
To All, Al Goldman from All Goofs Edwards was on CNBS yesterday and he made a funny comment. He is bullish all the time, all the way up, all the way down. You know the type, "Buy, buy until your money goes bye, bye." <G>

Anyway, he mentioned that bulls such as himself were the guys in the white hats. I laughed. This dude thinks he has on a white hat just because somebody skipped the traditional yellow paint on his dunce cap. <G>

The concept that bulls are good guys and bears are bad guys is prominent among the less sophisticated investors. How do you get rid of misallocation of resources and system imbalances? Pretend they don't exist. Simple answer for simple minds. I just thought All Goofs was a bit brighter than to use that discredited concept in their analysis.

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