Dick Bove Goes Chicken Little, Says Sell Everything

Like Chicken Little, Dick Bove says the sky is falling and it's time to sell all stocks until the debit limit crisis is past. Go all crash is his call. What do you think? Many are saying the bottom might be in when people like Bove are calling for people to get out of the stock market entirely.

"It now makes sense to test the unthinkable," he writes. "Thus, for the moment I would suggest suspending investing since all stocks are likely to fall."

Continue reading...

Tagged chicken little, dick bove, go cash, sell all stocks