BERNANKE PUTZ-12/14/07
Sentiment is turning pretty sour on Bernanke. In fact, people are starting to outbid themselves with prognostications of DOOM and GLOOM.
For the first time since monitoring sentiment since October, I am picking up a sense of universal resignation and loathing. This is a good sign. People have given up trying to pick a bottom.
As people are giving up on picking a bottom, and calling for more doom, it is setting up to be a good time to buy all the beaten down sectors.
For the first time since monitoring sentiment since October, I am picking up a sense of universal resignation and loathing. This is a good sign. People have given up trying to pick a bottom.
As people are giving up on picking a bottom, and calling for more doom, it is setting up to be a good time to buy all the beaten down sectors.
posted by Johnny @ 12:47 PM
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