In the earlier years, RF was addicted to video games and one of the classic favs from the early 1990's was Street Fighter. I always played it with a buddy of mine, Mike, and he of course beat me with the famous Chin Li and that ridicolus spinning kick. However, it came no where close to the Ehonda "smack". Now, in honor of Ehonda, I have established a "Ehonda Bitch Smack of the Month Award" which will come at the end of every month - and the this month's winner goes to CNBC's and NYSE Floor Director Art Cashin.
Art, Art....Art, I don't see how he gets airtime for being wrong ALL of the time. Since April he has been saying "This is a sucker's rally" "This is a very dangerous time" "Take profits" "This is only a bear market rally" "Triple AAA rating loss will cause a massive selloff" and my personal favorite of all time - "Stock speculators can lose 100%! " (said on May 28)
So Art, you are telling me that market is going to 0? In a day? IBM is worth nothing? AAPL is bankrupt? Oil has no value? I mean I have heard alot of crap in my trading career but that might have taken the cake. Does anyone who has been wrong this many times deserve airtime?
Yeah, we might get a pullback but it will be after the DOW hits 10,000 or something crazy but I don't know if people tip this guy on the floor to try and help their net short positions but regardless, I am glad to present Art Cashin with the new "Ehonda bitch smack of the month award"
LMAO!
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