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Strategies & Market Trends : 50% Gains Investing

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To: Tommaso who wrote (77570)	5/4/2009 10:57:30 AM
From: Dale Baker	Read Replies (1) of 118717

To me, Tice's warnings might be compared to anyone who dared to dissent from Hitler's ten-year program of military aggrandizement for Germany. Not to me. I find that comparison totally overblown. In my lifetime, currencies and energy prices have fluctuated wildly with periods of prosperity and recession. That will continue now; if gas ends up at $6/gallon, the US may find out what it's like to live like Europe has been living for many years now. Smaller cars, less driving, more public transport. Quel horreur. Don't get me wrong, I love hearing Tice and Mish and the rest continuing the permabear chant every day now. It makes it easy to buy well-functioning companies cheap and enjoy the profits under the stealth cover of more Armageddon predictions. Tice was mumbling how retail mutual funds have to meet some magic criteria for capitulation before the markets can really go up. While he has mumbled that the last two months, the markets popped 25%+. I don't want that man managing my money. I sleep better climbing the wall of worry than riding a bandwagon.

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