Tuesday, July 28, 2009

Press Your Luck or Pass? An 80's Game Show and the Bear Market Rally

In honor of our ongoing bear market rally - which appears to be getting a bit long in the tooth to say the least - I thought we should channel the wisdom and charisma of the legendary Peter Tomarken.

You may remember Peter as the host of classic 80's game show Press Your Luck. In the spirit of history rhyming if not repeating, let's tune in with our heroes of yore to see if we can glean how much longer this raging campfire of a good time can continue in the equity markets.

Going long stocks today? Know someone who is? Repeat after me - no whammies, no whammies...

Aaaaaaaaand stop!

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