May 21, 2008

Robert Olstein: "The bears are in for a good butt kicking"

Don't bet against the Fed. The worst is over, and the market is looking to turn; and when it takes off, the bears are going to be in for a good butt kicking.

~ Robert Olstein, 66, "Tice Proves Every Bear Has Its Day, Invokes `D' Word," Bloomberg.com, May 21, 2008

(Olstein, 66, runs the $1.2 billion Olstein All Cap Value Fund, down 6% year-to-date.)

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