Some people may hate him, but Phil Town was right back on Aug. 17, 2007. The market wasn't done barfing then and he said so.
He got into cash and advised anyone who would listen to do the same. Since then, the DOW has sunk from 13,000 to crud. Town was on CNBC's Closing Bell and laid it out in simple English, even though he was practically ridiculed on air by Maria Bartiromo and the editor of Kiplinger's.
As of last week (Mar. 10), Town said he's ready to "load up the truck," buying great stocks that are on sale. Interesting huh?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment