Monday, March 8, 2010
That say we will re-visit the lows?
Next time, they tell you that, ask them instead, to tell you just one stock that will revisit the March lows.
Will APPL do it? Go to 82?
How about BAC? Is that going to 3?
How about JPM? Is that going to 18?
How about IBM? Is that going to 80?
How about WFC? Is that going to 9?
How about GE? Is that going to 6?
How about MSFT? Is that going to 14?
Those seven stocks are in the top 11 weightings on the S&P 500 index. Can any bear make the case for one of these stocks revisiting the lows?
They can't! Not for even ONE stock!
Yet they want you to believe that they can then, in the aggregate, make the case for 500 stocks revisiting the lows!!
In a re-test!
How insane, ridiculous, and just stupid is that??
And if they really believe it, then, why then, aren't they buying some way out of the money puts at no cost on these names?
Well, why would they?
When these bears can't even make the case for ONE!
Posted by Palmoni at 8:29 AM