Abby Cohen: ‘Just calm down. This is not 1987‘

[polee2000]

Quote from chanster:

whys abbey a fraud? she's the same mega bull who stayed bullish all the way down in 2000-2003. she was dead wrong and never got punished. she's never been bearish one time in 15 years. she still makes 10 mil a year. any other job you'd be fired. at least joey batts got run over the coals for being a mega bull in 2000-2003 and has changed his ways

i remember in 2000 march she called Naz overpriced
that was on the target

 

[ByLoSellHi]

Quote from polee2000:

i remember in 2000 march she called Naz overpriced
that was on the target

You mean when it was 5500?

What'd she say? Something like "I expect a 2% to 3% correction before we go higher?"

 

[TheDudeofLife]

Quote from taodr:

So much jealousy on ET.

Oh yes !!!! Rothchilds detroyed many people just for more and more money. Go do some research before you spill nonsense !

http://www.wealth4freedom.com/ROTHSCHILD_print.htm

Criticize the Rothschilds => accusations of anti semitism.

Well, it's a well known fact, Sonny Jim, that there's a secret society of the five wealthiest people in the world, known as The Pentavirate, who run everything in the world, including the newspapers, and meet tri-annually at a secret country mansion in Colorado, known as The Meadows.

So who's in this Pentavirate?

The Queen, The Vatican, The Gettys, The Rothschilds, *and* Colonel Sanders before he went tits up. Oh, I hated the Colonel with is wee *beady* eyes, and that smug look on his face. "Oh, you're gonna buy my chicken! Ohhhhh!"

 

[Landis82]

Quote from S2007S:

Abby With comments like that something must be really wrong.

Something must be really wrong?

Please, do tell and enlighten us as to what must be "really wrong".

 

[S2007S]

Quote from Landis82:

Something must be really wrong?

Please, do tell and enlighten us as to what must be "really wrong".

You must be a mega bull!!!


I forgot everything is perfect in this goldilocks economy.

There is no goldilocks economy.

 

[S2007S]

How many analysts and talking heads back in 1999-2000 were telling everyone everything was fine.

 

[Thunderdog]

Unless I am mistaken, aggregate P/E ratios are presently hovering above their historical norms. Not that I look at these numbers in my day to day trading, but I'm not sure that their present levels quite support Ms. Cohen's general market ebullience. And that's even assuming that the "E" component of the ratio can be taken at face.

 

[dhpar]

Quote from cstfx:

This is especially true for the Gross crew. For the past 3 years, every time he got on TV he was calling for the end of rate hikes, first at 3%, then 3 1/2%, then 4%, etc. It became so obvious that all he was trying to do was jawbone the price of bonds higher because he had such a large inventory of them. This was the guy who was a star when the bond rates dropped to 3.7% because he was long, but, to me, lost credibility during the rate hikes. This guy was only concerned with his portfolio.

110% agree with that. Only somebody outside of the fixed income - actually probably outside of this solar system - can say that he respects Gross when it comes to economic predictions....

 

[jem]

respecting gross, respecting his calls, or respecting his analysis are not necessarily the same thing.

What I do respect is a person who makes money based on their analysis.

 

[makloda]

My favorite quote of her is this:

Valuation support is intact for US equities. “Our estimated fair value for year-end 2007 remains 1550, suggesting that the S&P 500 is now about 11% under priced

If the SP500 tanked to 1100 then we'd be 40% underpriced according to GS!!!!!! So why not wait and see if we take a hike down a few hundred points and get stocks at an even better discount????

And in the process collect 5% annually in CD???? Risk free????