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Oppenheimer Holdings Inc. Message Board

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  • superbmindset superbmindset Nov 23, 2009 11:32 PM Flag

    Cancelled my Meredith Wide Wrestling Subscription

    the S&P was above 1,110 when she made the bearish call...today it closed at 1,106...basically a flat return.

    Let's give it a few more weeks...maybe a month or two from now...

    To me, a couple more bullish calls like BOA's today might help the markets in this tug o' war game...but right now the momentum is still not shifting one way or another...

    JMHO

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    • dude, she's been a bear ever since someone explained to her what an "Alt-A" mortgage was.

      • 1 Reply to dennisthewormrodman
      • You shorted stocks: "when she said she was about to breakout bearish on tv." That to me, implies that prior to her latest appearance she was not bearish and there would be a change in sentiment.

        And the facts are: when she appeared on CNBC on July 13th her only recommendation was a buy (GS). The S&P was at 900 then, she downgraded GS to a hold in Oct when the S&P was trading at 1,070 and "broke-out" bearish (as you say) on Nov. 16th.

        My view is: the "superb momentum" trend was broken the day she appeared on TV...only time will tell whether my perception of this correlation or link of cause and effect is a causality delusion or not...

 
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