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Talking heads are generally worthless as proven by this video. I was listening to a guy on the local AM radio today who was talking about the market recovering last week and saying the bottom was in and today he is talking about how this is a "perfect storm" financially and we are looking at another 1,000 point drop. Over and over the guy just kept saying "I don't know".
He actually said he thought this last rally was a dead cat bounce, but then said he reserved the right to reverse his position 180 degrees next week. LOL.
The best part was after he got done talking about the Great Depression and how the market would not recover from this recession he then had the audacity to claim he never made unsupported, hyperbolic statements.
At that point I changed the station.
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Rick
1984 911 coupe
Last edited by Nathans_Dad; 11-22-2008 at 01:52 PM..
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