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 5/10 Good --- seekingalpha.com http://seekingalpha.com/symbol/qqqq.xml
| 'QQQQ' Tag RSS Syndication from SeekingAlpha.com ... |
Wednesday, May 07, 2008 --- 62 days ago http://seekingalpha.com/article/76068-better-to-be-lucky-than-smart-the-bear-mar
| Alan Brochstein , CFA submits:
For those who have followed
my views over the past year or so, you probably realize that I have
been very consistent in my longer-term bearish views though, fortunately,
open-minded enough to realize on the past two occasions when “enough
was enough” and get temporarily bullish.
That last occasion
was just before Bear, Stearns (BSC) imploded in March , and the prior time was just before
Societe Generale liquidated a massive desk-drawer portfolio of stocks in January . I was very clear in both articles
that I believed that these rallies would prove to be temporary, which
was certainly the case in January. I have been calling for an
interim peak of 1410 to 1455 on the S&P 500, which has been obviously
achieved. Today, though, I want to rewrite the ending of the 2008
story as I expect it to be written. Complete Story » ... |
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