WIS Mad Money January 15, 2016
We had gotten so oversold, many people had been relentlessly selling for days. Money managers have become so viscerally negative, it wouldnt take much to spur a rally. Think about it, almost every stock in the s p 500 has been trashed for ages, except a narrow gro of winners in 2015, the muchanointed acronymic f. A. N. G. Facebook, amazon, netflix, and google now alphabet. Yesterday these stocks were obliterated. They were gasping for air. The bear had sunk its teeth into their collective jugula...
Source: archive.org