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Astute Investor



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On thursday, 8/13, Steve wrote "....Everyone's a genius in a bull
market.
Let's see....you buy, you hold, they go up, and then you tell
your friends that you're an astute investor.  If you have also
watched cable or satellite that day, you can even "spin" some
"funky-mentals" on them and sound important....."

I agree with you 100%.  I wonder who was looking at P-E ratios and
revenue to sales and EBITDA when the DJI fell 240 pts?  or down 93 in
the last 40 minutes today.  I have a feeling that a good short would be
Armani, Hugo Boss, Cannali, and the other makers of fine suits that
these "experts" must wear when making their CNBC appearance.

Dmark a good short at 5596?

Al Taglavore