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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (18530)3/12/2009 6:55:10 PM
From: Slumdog  Read Replies (1) | Respond to of 71456
 
Is this guy full of shit or what? These two quotes are from the same article.......am I missing something?

"I put on a permabear suit just two days after the DJIA made an all-time high. I remained (Thank God) a growling bear up until now. I’ve grown fat “feasting” on bull meat (Thanks in part to CNBC-TV and their constant parade of blind bulls). While my fellow bears can still feast for a while longer, I’ve learned after 25 years it’s always better to be a year too early then a day too late."

"The only thing different is risk/reward appears at least balanced now (DJIA 5,000 or 8,000 appear to have similar chances). Because I missed all the downside since the all-time high, if we go down to 5,000 from here, the net effect would mean I still prevented far bigger losses if I had been bullish up until now."

EDIT: I guess he means he AVOIDED all the downside.

"Missed" suggests poor aim....he can trade but he cant write.........

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