Monday, October 20, 2008

Bears Are Turning To Bulls All Over

Let's count some market bears recently turned bullish. Granted, not all the bears are of the perma- variant, and their bullishness is considerably more nuanced than the fevered pom-pom shaking you hear from the perma-bull side. Nevertheless, here are a few notable market bears that have turned bullish in the last two weeks or so:

  • Jeremy Grantham
  • Doug Kass
  • Barry Ritholtz

No sign of Peter Schiff, David Tice, Michael Panzner, etc., but that admittedly may require considerably more than a mere 40+% year-over-year decline, plus a few major banks and brokers going down, etc.

Feel free to add to the list.

No comments:

Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.