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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (42412)1/27/2009 12:15:43 AM
From: octavian2 Recommendations  Read Replies (1) | Respond to of 42834
 
>>--In case anyone doesn't know it, this fleckenstein character is a permabear and a doomsayer going WAY back.<<

skeeter bug responded:

<<and he was right the whole time...>>

--LOL. I know. He was just 'early.'

<<...hence, the complete collapse of the american banking system ... btw, he closed his bear fund and said he isn't so bearish anymore. he's not excited about the market, but says there will be some good long term buys once things shake out a bit more.
you see VALUATIONS changed, so his point of view changed.>>

--The "complete collapse" of the american banking system is imminent, and he's no longer so bearish???????

I guess you don't LITERALLY mean "complete collapse." -:)

Did you ever check out Hussman?