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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: LLCF who wrote (41302)12/17/2008 8:08:50 PM
From: octavian4 Recommendations  Read Replies (1) of 42834
 
LLCF said:

<<Buffet's "stock" is a stock, of course it's gotten killed. But he's been cautious to negative for years.>>

--Big deal. He didn't do anything about it. Now he says it's time to buy stocks. Do you think he's an idiot now?

<< Rogers has also been bearish for years and sure the bear market rally in the dollar has hurt him but he's been long commodities for almost a decade... wake the f&*k up.>>

--He was also bearish all through the 90s. And it didn't do him any good to be bearish on stocks this year, since his commodities have crashed just as bad or worse.

I understand he's been in them a long time. The point is, his bearishness didn't help him in the 90s, and it didn't keep him from losing big money in this bear!

<<If you're a pouty little day trader, then yea.... these guys all suck too. Just like you and the rest of the chart chasers.>>

--I'm not a chart chaser. I'm just saying that virtually no one really saw the full extent of all this coming. Some were cautious on stocks for whatever reason, but they all got killed, no matter what they were in.

<<Here's a little tip that you'll forget the first fly that cruises past your lilly pad for you to snap at...
the dollar is going to all time lows, gold is going to multiple thousands.>>

--Thanks. It would be nice to be so certain about things.
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