Wednesday, May 2, 2012

Fade Away

Things they do look awful cold
I hope I die before I get old
--The Who

Elmer says stocks are 'very cheap.' Not sure that there has been a public figure more wrong more often on 'big things.' Indeed, some believe his errors have bordered on the criminal.

I am sure of this: Fading this guy has been a pretty good proposition over the yrs.

position in SPX
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1 comment:

dgeorge12358 said...

I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about.
~Alan Greenspan

May 2, 2012 at 9:10 PM

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