Aug 222010
Famous newsletter publisher Richard Russell opines on the market in his letter of August 20. Emboldening added:
It’s simply uncanny to see the stock market (most stocks) falling apart while the media and the government tells us that “things are looking better.” It’s as if the nation is watching a horror movie and is reacting with a case of the giggles.As for Richard Russell, he’s resting easy.
I’ve been urging my subscribers to “clean house” and be OUT of all stocks. I think (hope) I’ve got a lot of happy, solvent subscribers, which is exactly what I want as this market teeters on the edge of an historic collapse.
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