Blown Call?
Silicon Alley Insider’s John Carney compiles a list of people who “blew” the call on the market upswing. Among the list are FBN’s Cody Willard and MSNBC’s Dylan Ratigan. But SAI isn’t playing favorites here. Carney puts SAI’s own Joe Weisenthal on it as well…
This was the rally that made a lot of the smartest people around look like idiots
Almost no one believed that stocks could rise as high and as fast as they have. It was supposed to be a “sucker’s rally.” We were supposed to “retest the March lows.” And stocks were supposed to “run out of steam” numerous times.
But the only suckers this time, were the people who bravely stuck their necks out to call the top, only to watch the market make mincemeat out of their predictions.