Momo Player Ken Fisher:”I think expectations for the stock market are a bit on the high side”

“Is falling oil a good sign or a harbinger of disaster? If you are a typical American pumping unleaded, a sharp drop in gasoline prices would be welcome right about now. If you are a stock market bull, not so much.

Even “momentum” players like Ken Fisher, founder of the $38 billion fund Fisher Investments, see a slowdown in equities around the bend.

“I think expectations for the stock market are a bit on the high side,” he told Reuters. That sounds like a tempered statement, but consider that Fisher’s normal investment strategy is to buy as shares rise in order to ride market enthusiasm even higher….”

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