[deehouie]

While you may know the guy better, notice this Druck comment comes at a time when the long term buy-and-hold thinking is at its weakest point. A slightly respectable guru saying this sort of things is enough to make some people sell.

[fny]

Druck was short the S&P jan-march and covered, he was looking for a second entry if it was given. His position isn't a secret.

Also, forget him saying it. He says a lot of things at a lot of different times. The real people to question are the ones making his headline known. CNBC/MarketWatch/Cramer et all are the biggest shills for banks. If you remember, they were all pushing Dalio's cash is trash line--which he has been saying since about 2018--HARD at the peak.