Finding Mr. Market
I too found Mr. Market on the IBD site. I was amazed at the negative reaction to his postings, particularly considering the great advices that went with them. Interestingly, I submitted a posting defending Ernie which appeared briefly, and was subsequently "edited" (read "deleted"). Go figure!
On another front, two of Mr. Markets recommendations are receiving some promenence. (1) HELE which Mr. Market bought in 3Q03 is recommended in Value Line's top portfolio. It is currently making a serious move. (2) CFC which Mr. Market purchased in 4Q03 was recommended by Laszlo Birinyi in his 2004 portfolio on Louis Rukeyser's TV show. Birinyi had the best performing portfolio in 2003, averaging 65.66% gains.
I too found Mr. Market on the IBD site. I was amazed at the negative reaction to his postings, particularly considering the great advices that went with them. Interestingly, I submitted a posting defending Ernie which appeared briefly, and was subsequently "edited" (read "deleted"). Go figure!
On another front, two of Mr. Markets recommendations are receiving some promenence. (1) HELE which Mr. Market bought in 3Q03 is recommended in Value Line's top portfolio. It is currently making a serious move. (2) CFC which Mr. Market purchased in 4Q03 was recommended by Laszlo Birinyi in his 2004 portfolio on Louis Rukeyser's TV show. Birinyi had the best performing portfolio in 2003, averaging 65.66% gains.
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