Thursday, August 18, 2011

Anticipating a Stock Market "Cover Moment"

From Phil Pearlman:


As I mentioned in an April 2007 post, "Indexes, ETF's and Global Warming", the BusinessWeek "Death of Equities" cover was dated August 13, 1979.
The market didn't bottom until August 12, 1982.

See also:
Tickerspy Screws Up With New Rare Earth Index While Creating Possible "Death of Equities" Moment (MCP; SHZ; REE; REMX)

Here's "The Death of Equities"
Thanks to Bloomberg for putting it on the web.