| The top 13 things
overheard by bullish analysts during a recent sell-off:
13) Medic!
12) Stocks are now undervalued between 10% and 13%.
11) If we wouldn't have advised clients to buy aggressively at
8,800 and 8,500 we would have advised to them to buy at 8,200.
10) Hey, at least it isn't as bad as Russia!
9) There is no fundamental reason for this decline.
8) It's all Osama bin Laden's fault.
7) This decline means nothing to the long term investor.
Eventually your stocks will go up again. You may not live to see
it, but they will go up again eventually.
6) Investors without time horizons of 25 or 30 years shouldn't
be in the market anyway.
5) Okay, 8165 is really, really the bottom this time.
Forget about all that talk about 8,300.
4) Small investors are nonplused about the decline and are in
the market for the long run. This is good because I can continue
to unload all off my stocks at good prices.
3) Where is that darn Plunge Protection Team when you need
them?
2) All right, fess up! Who woke up the Bear?
1) "...I still see the Dow at 10,000 by
year-end." |