Analyst in Wonderland….

Posted on Aug 08, 2011 by WHC Bassetti in Letters

Something very strange is going on here (aside from a market implosion, which is strange enough).

Perfectly plausible and credible people are talking about buying the market. Say what? Haven't you noticed that there is a market meltdown? Forget all that Baron de Rothschild stuff about buying when there is blood in the streets. If you buy now some of that blood will be yours. Remember October-November '08? All those "smart" people buying the market bottom? Except it didn't bottom till March '09.

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