Barron’s ran with today’s  "One-Day Wonder or Key Turning Point?"  Having spent the past few week s reading a lot of other people’s
explanations as to why the 3/29 Bear call was so wrong, I was surprised how quickly this one made the rounds



One-Day Wonder or Key Turning Point?"
April 22, 2005

Category: Media

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

3 Responses to “Barron’s picks up “One Day Wonder or Key Turning Point?””

  1. muckdog says:

    I don’t know. I can’t pick the turning points to save my life. Lots of folks wanting to short that bounce, though. I’d like to think that the market gods are watching, and will inflict as much pain on as many as possible.

    Good job on this blog.

  2. Barry, Great article!! The market either gains favorable trajectory and we grind up from here…or it’s afterburners are spent….that means falling, burning up and disintegrating. 9900 would be the first stop…

  3. anon says:

    Did you ever consider that it could be a One Day Wonder and an important turning point. Volatility has been re-awakened, which could explain both Thurs. and Friday market action. The One day wonder may be that fact which we should start getting re-acquainted with and the opportunities volatility offers (both long and short). At the same time, the imporant turning point should be considered at any extremes in sentiment and technical conditions. That is why we get bounces like Thursday. I argue that both factors are occurring simultaneously.