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

To: maxncompany who wrote (109060)	2/26/2010 4:46:08 PM
From: jazblazen	5 Recommendations Read Replies (3) \| Respond to of 116555

So your argument is that professional economists are often wrong, therefore a photographer is better at forecasting the economy? Nice logic. Makes sense.

To: maxncompany who wrote (109060)	2/26/2010 6:39:23 PM
From: mishedlo	7 Recommendations Read Replies (1) \| Respond to of 116555

Since I never called myself an economist he is gone. Amazingly I cannot offer opinions but he can offer worthless advice the market will not go down with a low Fed Funds rate When 1) It did already, here! 2) It did in Japan for over 10 years The clown has some grudge that I do not have time to debate. History will be the judge of his statement "As long as money market funds yield 0.01%, the equity market won't crack." Typically stupid comments mark major peaks. My favorite is in October of 2007. I called stock market peak in August, two months and 3% early. On the exact day the stock market peaked in October some clown emailed me "Mish, we are having turkey for Thanksgiving and you are the turkey" Now this clown pops in, out of the blue with taunts and an asinine already disproved theory ... It might be another one of those "magic moments" Mish