Quotes from the Stock Bubble's Past

http://www.itulip.com/awards.htm

April 2001: Abby Joseph Cohen, Goldman Sachs

"The time to be nervous was a year ago. The S&P then was overvalued, it's now undervalued."

Oh, that's just the start:

abby.gif
 
"Rock solid investment advice" as per cover quote and the rest.

Just shows what abunch of shills, charlatans etc advise the public.
 
Back in August of 1995 the Dow had crossed 4500 and a lot of people were saying it couldn't go much higher.

On August 9, 1995 Netscape had it's IPO. It was priced at 28 and within just a few short minutes of trading it shot all the way to about 75 or so.

I can't remember how many commentators I heard saying that a raging IPO like that is a sign of a top. The word "frothy" was thrown around a lot, too.

But there was this one guy, and I just can not remember his name, but I think I saw him on NBR. But the host of the show asked this guy if he was in agreement with everyone who was saying that the Netscape IPO was a sign of the top, and he said that his reasearch did not show any evidence that a zinging IPO was a sign of a top. He of course turned out to be right. Could it have been Stan Weinstein? I really don't remember. If anybody has access to NBR archives, it would have been a few days after the IPO.
 
Somehow I doubt if GS took AJC advise seriously. Like Cramer, she is only for entertainment purposes.

Great gig if you can get it. She comes on the MSM a few times a year, declares a bull market and collects her millions by paycheck. Sweet. Where do I apply? :D


Quote from pumpanddumper:

LOL, Abbey Cohen!!!!!!

Her, Cramer, and Kudlow should have a gang bang bull orgy.

Abbey should come clean losing billions for GS.
More...
 
You must log in or register to reply here.
Back
Top