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Jim Werther
CNBC Television
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Comments by "Jim Werther" (@jimwerther) on "Dow Jones analogous to 1962, says UBS's Art Cashin" video.
I wish they had explained the 1962 thing better. What did Art mean by that? I don't think the hosts knew. I sure don't. Why not ask him to explain?
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This is the rare voice of reason in a pool of perma-bears and perma-bulls. We need more Art, and less "The person who called the last recession says that the S&P is going down to 72" and "The person who called Dow 25,000 now sees 50,000 by 2030" type guests.
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Listening to Miss Cleo and Sylvia Browne is better than listening to Cramer.
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Actually, I take that back. I read Cramer dumped all over some stock I'd never heard of a couple of weeks ago, so I bought 10 or 20 shares and sold them the next day at a profit.
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Or the Debbie Downers like the various "Dr. Doom"s, such as Peter Schiff, Nouriel Roubini, Jeremy Grantham, etc.
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