Are we having fun yet? Would we like a market based on a dividend model? Yes we would.

Posted on Aug 24, 2011 by in Letters

The market is attempting a zeta wave here, but we don't believe it.  We don't think the gamma (C) wave  achieved its objective.  The reason for this is simple:  Barron's:  16 STOCKS THAT LOOK GOOD AFTER SELLOFF.  Barron's:  BET ON THE BULL!  We're betting that you could get your fingers cut up by trying to catch the falling knife here.  This putative zeta wave is fueled by just such punditry and hunger to get -- ta da--the best prices for future bragging.  We prefer to jeer from the sidelines.

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