Gary Kaltbaum Remains Skeptical

By on October 29, 2008

Today Gary Kaltbaum said, “you don’t get these kind of days in a bull market,” maintaining his skepticism that this was the beginning of a bull market. Kaltbaum pointed out that Investor’s Business Daily was calling today’s bullish action a “follow through” day, which is a sign of an emerging bull market. Kaltbaum’s interpretation was at odds with IBD’s.

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2 Comments

  1. Anonymous

    October 29, 2008 at 2:15 am

    Gary K – cautiously bullish
    Tim Knight – bullish
    Tom O’Brien – super bullish

    Quite an encouraging start.

  2. stocksystm

    October 29, 2008 at 3:59 am

    Sounds like there might be too much bullishness. These remain dangerous times. Stupid and crazy lending on a grand scale tends to make things very unstable.

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