Wollin

In November 2007 with the Dow about 13,300, Wollin recommended that stocks be sold.

Dan Dorfman: Abracadabra on Wall Street Dan Dorfman 2010

When he's on stage or giving investment speeches, Wollin, bald, bearded and easily passable for Santa Claus, generally opens his bag of tricks by turning a regular dollar bill into a giant-sized dollar bill.

Dan Dorfman: Abracadabra on Wall Street Dan Dorfman 2010

When he's on stage or giving investment speeches, Wollin, bald, bearded and easily passable for Santa Claus, generally opens his bag of tricks by turning a regular dollar bill into a giant-sized dollar bill.

Dan Dorfman: Abracadabra on Wall Street Dan Dorfman 2010

No one, though, can be Superman all the time, and Wollin showed it in mid-July by reiterating his snooze strategy.

Dan Dorfman: Abracadabra on Wall Street Dan Dorfman 2010

To Wollin, it all means the public should soon be returning to the stock market.

Dan Dorfman: Abracadabra on Wall Street Dan Dorfman 2010

In November 2007 with the Dow about 13,300, Wollin recommended that stocks be sold.

Dan Dorfman: Abracadabra on Wall Street Dan Dorfman 2010

That's what I've seen from 70-year-old San Francisco money manager Gary Wollin, who runs about $105 million of assets under the banner, Gary Wollin & Co., and performs in magic circles under the name, The Great Baldini.

Dan Dorfman: Abracadabra on Wall Street Dan Dorfman 2010

One final question: How did Wollin come up with the name, The Great Baldini.

Dan Dorfman: Abracadabra on Wall Street Dan Dorfman 2010

As a money manager, Wollin, whose investment thrust centers on big name blue chips, is no slouch.

Dan Dorfman: Abracadabra on Wall Street Dan Dorfman 2010

Wollin expects a decided pickup soon in trading volume, a lot more corporate stock buybacks and an increasing number of companies issuing debt to buy back stock.

Dan Dorfman: Abracadabra on Wall Street Dan Dorfman 2010