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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (89017)10/24/2008 9:11:41 AM
From: Elroy Jetson8 Recommendations  Read Replies (2) | Respond to of 116555
 
This is not panic. This is a deleveraging.

It's magical thinking to believe that if you simply refuse to speak the truth that it's actually not true.




To: Haim R. Branisteanu who wrote (89017)10/24/2008 11:50:34 AM
From: stockfiend  Read Replies (1) | Respond to of 116555
 
Agree completely. It's one thing to make economic predictions, quite another to start calling panics. He's getting tipsy from all the press he's receiving.

He's already claiming success on his market shutdown prediction: bloomberg.com



To: Haim R. Branisteanu who wrote (89017)10/24/2008 2:26:32 PM
From: NOW  Read Replies (2) | Respond to of 116555
 
who knows: maybe he is massively short? you got a problem with that?



To: Haim R. Branisteanu who wrote (89017)10/26/2008 11:35:24 PM
From: Proud Deplorable5 Recommendations  Read Replies (3) | Respond to of 116555
 
"What is in for him to fuel the out of hand panic and induce even more depression?"

Simple, he hates this corrupt system and wants to help bring it down, just like millions and millions of others who were damaged while fund managers made billions. Count me in as one of them.

I loved his talk and listened twice and think that it's not ego at all that drives him, it's that some people out there have integrity and don't want the crooks to get away with what they have done and want to see maximum pain inflicted to those who invented derivatives, CDO's SIV's naked short selling and every other scam that made some investors rich, not by working an honest days work, but by lying and cheating and stealing from the rest of the world so they could live the good life.

I know I won't be back in this market until I've seen many of these types either locked up, murdered, suicided or whatever else negative can befall them. Never forget that America is being rightfully blamed for this fiasco perpetrated by those greedy traitorous piggies and if it didn't have enough enemies around the world already it sure does now and you MUST realize that part of the force that is driving down US and world markets are America's enemies who are cheering the demise of American style capitalism. J.M.O.

Annnyyyywayyyy if you don't like him then maybe you would like to read stuff from a person who has been almost 100% right in the last while...Peter Schiff

"The U.S. government is lying to us about everything from inflation to debt to unemployment, so trust nothing you hear from Washington.

Owning assets denominated in a declining currency is a recipe for disaster, so get as far away from U.S. bonds as possible.

Gold and silver are good ways to preserve wealth in a currency crisis."

safehaven.com