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MarketWatch Quotes Cabot Market Letter’s “Unperturbed” Market Outlook

MarketWatch quotes Cabot’s optimistic outlook in a Peter Brimelow column.

Cabot Market Letter was quoted along with Dow Theory Letter in a May 1, 2008 MarketWatch.com article entitled, Fed Leaves Newsletters Unperturbed” on MarketWatch.com. Columnist Peter Brimelow wrote, “The Fed’s rate cut may have flattened the stock market rally. But two strong letters are unperturbed.”

Quoting Cabot Market Letter, Brimelow wrote, “My second unperturbed strong letter, the Cabot Market Letter, is currently up 36.7% over the past 12 months according to the Hulbert Financial Digest, vs. negative 5.76% for the dividend-reinvested Dow Jones Wilshire 5000. After Wednesday’s close, Cabot wrote in a hotline: “Remain optimistic. Although the bulls aren’t running wild, the market is making decent progress, and more stocks are acting better...go slow, pick your spots, and keep some cash on the sideline.”

Link to article on MarketWatch.com
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