Comments on: MARKETS RARELY BOTTOM ON A FRIDAY

By: Shlomo

Shlomo — Tue, 09 Feb 2010 07:00:34 +0000

I don’t understand the hostility, frankly. Jeff Saut HAS been on the right side of this market for the past year or so. How many analysts do you know who TURNED cautious in January. Most are either perma-bears or were wildly bullish even with the VIX under 20. I deeply respect Mr. Rosenberg, but I believe he does not pretend to make short-term market timing calls, as Mr. Saut does. As for factoids, Mr. Rosenberg has more than his fair share, but his market timing has been lacking. There is no substitute for “down in the ditches” trading experience for making money in these markets

By: Eric

Eric — Tue, 09 Feb 2010 04:05:33 +0000

Rosie already put Mr. Saut in his place a month ago when Saut was screaming to buy stocks. Saut is a hack working at a 3rd rate shop.

By: Van

Van — Tue, 09 Feb 2010 00:51:36 +0000

some light historical reading for the above market mavens…PS they’re the articles by Jeff Saut if you get confused.

http://www.minyanville.com/library/search.htm?search=1&contrib_id=73

By: Eric

Eric — Mon, 08 Feb 2010 22:53:32 +0000

Buy at 1150 Sell at 1050 typical Jeff Saut.

By: Mike

Mike — Mon, 08 Feb 2010 21:42:08 +0000

Does Mr. Saut ever include any data to support his factoids ? What data does he have to support:
- selling stampedes last 17 to 25 sessions
- markets rarely bottom on a Friday, once they are in a downtrend

While Mr. Rosenberg has missed this past rally, at least he presents an extensive amount of data to support his conclusions.