// Forum : "It's a fum-ble" ----- Chris Berman
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“It’s a fum-ble” —– Chris Berman

UserPost

6:36 pm
October 29, 2009


spreadtrader

Member

posts 304

1

Defense is back, eh?

Protect yourselves.

6:56 pm
October 29, 2009


Will

Member

United States

posts 201

2

I googled Chris Berman thinking that he may be a financial wizard who had some bad prognosis about today's rally being a fumble and that we have to protect our investments with defensive puts or something. I found out that he is a real football playerConfused.  So can you be a little more specific?Wink

9:07 pm
October 29, 2009


stockcrazy10

Member

posts 367

3

Dorsey's “From the Analyst” report for Friday is “Back to Defense”.


Here's a brief segment… 


“The bottom line is that the defensive team is back on the field based upon this reversal from the NYSE Bullish Percent…and that suggests heightened risk in the market. I know of no better way to describe this change than to say that our priorities shift from “wealth accumulation” to “wealth preservation”. Step number one today is to protect wealth.”


You might want to read the report…Smile

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