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Monday, November 16, 2009

Meredith Whitney is really getting shrill


  • No fundamental rooting for why these stocks are up
  • We have never seen this amount of credit contraction ever
  • Nowhere to hide
  • Christmas will suck (I'm paraphrasing)
  • Great sucking sound of illiquidity
I've already covered her here, and here, one week after the bottom when it wasn't popular to diss her.

But the market has already dissed her.

So I don't need to anymore.

3 comments :

Anonymous said...

I'm going to make a prediction too. Sometime around December 15 - 20, a popular news story is going to be about how stores are running out of merchandise with over a week to go in the christmas shopping season.

Anonymous said...

She has aged terribly from a year ago!

Palmoni said...

I noticed that too--that's the stress from being wrong on the market.

Now multiply that all across the board--and then, think of all the damage that the bears did to people.

And watch when this market exacts the same toll on those bearish that it did to those that got hurt when it crashed.