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

To: octavian who wrote (42415)	1/27/2009 3:02:11 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 42834

>>--LOL. I know. He was just 'early.'<< better early than late! -lol- actually, he was spot on. what you fail to understand is there is a very direct cause and effect relationship between what happened over the last 10 years and what is going on right now. Fleck was dead on right that the market was irrational and dislocated on the way up. of course, many folks made money on the way up so they didn't care. they were all one decision geniuses - as was the monkey with the buy button in front of it. keep in mind that fleck is still solvent. many a bull can't say that as they leveraged to the hilt and bet it all at the top. yet you don't show disdain for those bulls... b/c they were late? and insolvent? how much has the government promised Fleck and those like him? how much has the government promised the ignorant perma bulls that threw Fleck's reason out the window? $8,500,000,000,000 and counting. you show no disdain for those who rode the bull right off the cliff, but you criticize the guy who said "be careful of the bull, there is a cliff." there is no doubt the world would be much better off if guys with brains like Fleck were making decisions. >>--The "complete collapse" of the american banking system is imminent, and he's no longer so bearish???????<< read his articles. surely you don't criticize from a state of ignorance. >>I guess you don't LITERALLY mean "complete collapse." -:)<< if the CDS hit, it could be a complete collapse. >>Did you ever check out Hussman?<< I took a brief look at his website. I'll check it out a little later, but mutual funds aren't really my thing. his total return fund looks to be hamburger, though, when rates escalate. his stock fund has lost much less than most folks over the last year, but its 5 year return is 1.75%, which wouldn't warrant a letter home.