Finney of Evermay says "So What"

In a comment this afternoon, Kizziah Finney of Evermay Securities expressed no concern about the market sell-off of the last three days. In predictable fashion, he viewed the decline in stocks as a major positive. Quoting Finney, "Stocks can't just go straight up. If they do they will go straight down. That's just market psychology, not that I understand it. There has been no news of consequence. There are profits to be taken. Let 'em take 'em. The market may be fairly valued at levels well below 2007 but it's one of the only games in town, and the U.S.A. is one of the most reliable games on the planet, which says something about the planet. So maybe in a day or so after the profit takers and transparently sly traders have their say we can look around and buy again, pick up some bargains that have been stuck on this media hyped plateau of huge market rebound, huh, compare where you are today to a year or so ago, the U.S. equity market will have life. Life is not a definable comment so I'm safe on the downside and a savant on the upside."

Finney concluded his comments by saying that anyone who watches CNBC for long periods of time may as well be watching Sponge Bob but that Melissa Lee is certainly more exciting than Mr.Crab.