A Slope of Hope?

My “Market Top” entry was the “Permabull” in the pic above… Abby Joseph Cohen has always been a permabull and has made disastrous calls in the past. The link below stinks of “Buy on the Dippers”….

Link

Remember these sayings:

Bull Markets like to climb a wall of worry.
Bear markets like to slip down a slope of hope.

From the sound of this article, it sure sounds like a slope of hope to me.  Few are flipping back to the bearish camp.  Most attribute this latest sell off to a simple correction and not actual fundamental negatives in the economy.

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s