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View Diary: Dow 11,000 Ends the Right-Wing Obama Bear Market Myth (37 comments)

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  •  More amazingly, Obama actually called the bottom (6+ / 0-)

    Back around March 09, out of the blue, Obama made an off hand remark that stocks are undervalued based on their historical PE ratios.

    Of course, at the time the right wing nuts were all over him saying the community organizer didn't know squat about the Holy Free Market.

    Well guess what- he called the bottom within +- 2weeks. To this day I am still in awe of how he was able to nail it just like that.

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