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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: GST who wrote (90094)1/8/2008 3:25:33 PM
From: sea_biscuit  Read Replies (2) of 110194
 
I have seldom visited Mish's thread after I was banned, and I am already feeling a lot better! It really got sickening being a perma-bear deflationist and being proved wrong again and again and again by the stock-market advances and more importantly, rising prices of all essential stuff all these years...

I really wonder how it is possible to go on being wrong for years and years and years. I have heard that some stock perma-bears lived like that all through the 80's and the 90's, and those who actually followed their own advice are now patrons of their city's transport systems since they can't afford a car! :-)
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