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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (234975)	1/4/2010 7:49:30 AM
From: James Hutton	Respond to of 306849

No, I'm not missing his point. His point is that he doesn't know why the stock market has gone up based on the factors that he follows, and that maybe the Treasury or Fed was juicing the market for the last nine months. And the times I've seen him this year, he's been very negative on the market. So what he's really saying - not to you or to me, but to the people who pay him lots of money for his market analysis (I didn't know until today that the Squid is a minority holder in his outfit) - is that he was wrong, but please don't stop subscribing, cause it's not my analytical tools that didn't work, it's the government that is manipulating the market. It's really not that much different than what I used to see on Yahoo MBs in, like 1997 ("It's these damn MM who screwed me!"). I'm not denying that he's right. Just saying people who subscribe to his service are interested in getting insight that will help them beat the market and he probably didn't serve his subscribers as well as his competition (say Birinyi who has been consistently positive on the market). So he's just trying to cover his butt.