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November 20, 2008

Larry Kudlow Sees Mustard Seeds!

I see mustard gas.

All technical levels broken, no real support here until somewhere around S&P 480/Dow 4000. Not saying we'll get all the way there, and it certainly won't be a straight line, but telling average investors that there is evidence of a consumer-led recovery out there is irresponsible BS of the highest order.

When this is all over, he'll be reviled as one of the worst, most dogmatic of the shills and apologists for a financial system run out of control and one of the most dogged defenders of the indefensible so long as it favored his buddies.

He's one of the morons who should have been kicked off the air years ago.

-btc

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