(Posted earlier today on Facebook)
Market Update - Special Bulletins and such nonsense.
I heard some scammer who has been a 100% in stocks, fully invested, permabull since 2003 was out today with a "buy signal."
He tried the same crap in late 2007 and 2008 with buys all the way down from 1500s to 800s with what seemed like a new buy signal every 100 points!
Finally he gave up when the market was in the 700s and 600s... only to brag about his "buy signals" once the markets eventually got higher than his last buy signal.
The nerve of some people! Now if you had taken profits first like some of us do... then these buy signals can be beneficial.
IM a newcomer to your blog.
ReplyDeleteAre you refering to Bob Brinker as the scammer on his Nov 25 Markettimer alert?