Bottoming here?
Had to laugh when the former Oracle of Wall Street now just a gnome proclaimed that the market was the most oversold in twenty years. Gimme a break. Barton you remember 9/11 or July 2002? Not to mention 98, 97, 94,90,89 and the mother of all overold conditions, 1987. Barton Biggs aka "the gnome" was holding too much on the long side and had nothing to lose going on CNBC and telling its viewers that they needed to step in and buy so that he could sell. The fact that CNBC did not challenge this comment is much more pathetic than Barton groveling. Hey Barton, let's see your Morgan Stanley blotter today and in 5 days. I'll lay money that you own less on the long side. Shame on CNBC for producing this type of dribble.

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