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Art is like your Uncle who has bet and worked at the track for thirty years and has seen every fool and winner and every nag and champion come and go ten times over. I'd listen to him over Warren Buffet or another bookie any day.
Thank you Tyler and thank you Art Cashin,
He was bullish on cnbc the other day
And your point is.....? Art has been bearish since the bounce began in March 2009 but knows that countertrend rallies can take their own sweet time. He's also an old timer that you youngins could only dream to know as much as he has forgotten. His napkin charting has been spot on and while many commentors here love to act like he is too old for the current game, stop fooling yourself, Art knows. He knows what is happening. He's not selling the Fed nonsense. He's not selling anything when he talks...he's just Art.
So for all you youngins out there that think you know so much, respect your elders. Art is worthy of all the respect he gets. If he said the sky was falling and it didn't then you would all think he was a fool. But the sky is falling and he knows it and whenever he makes a statement (like we are in the most bullish time seasonally so it is unlikely the market will go down), it is for a few days forward--not the next 6 months or a year.
I enjoyed Art's post. Glad Christmas is almost over (40 minutes) so we can all get back to real life.
Merry Christmas. The tea leaves say this is as good as it's gonna get. Bullion and cash buried in the back. i'm outa here.
"Whatever your feast..."
Happy Festivus to the Rest of Us!
I just put up the aluminumn pole! When should we have the feats of strength?
The Official Obama Party Approved Christmas Carol.
Sometimes, we can only laugh at the 'Hope & Change' agenda.
Is Art expected to wear skin colored undergarments....?
I thought art was the W.C. Fields incarnate (or decendant). Intelligent, drunk and narcissistic.
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