Dylan Ratigan thinks this is a suckers rally

Quote from monty21:

When???

When S&P 500 is at 850? Maybe 900? Maybe 1000? Maybe 1200?

Most traders don't fight a strong trend and call for reversals. Yes the fundamentals are horrible but maybe the mkt being down as much as 50% in one year was an exaggeration.
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If they are day traders they normally don't pay attention to those numbers. They just take it day by day. If they are position traders they might want to get building up short position starting Monday.
 
Quote from tmarket:

Ratigan has a better resume than 99.9% of the posters here and his insight is probably more valid.
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You are probably right. But I am not a free agent celebrity like him without a contract. In trading, timing is everything.

So it is in the world of celebrity so-called journalism.

Katie Couric's contract was up at exactly the right time.

Rattigan's walk year could not have come at a worse time.

Looks to me like Dylan Rattigan will become to financial talking heads what Ashley Banning was to news cable news talking heads.
 
Well, I saw this thread, and, couldn't help but think, "Great. He's always been a good fade." Though my opinion long term doesn't really matter. I'm not really in the market for long term holds.
 
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