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


To: patron_anejo_por_favor who wrote (261119)7/15/2010 12:58:54 PM
From: DebtBombRespond to of 306849
 
(edit again) That's what they said about Celente in 2007 too. ;-) He used to work for the gov't in politics but couldn't take it anymore....since they all suck their way to the top. ;-O
To him, money and survival are no laughing matter.
I'll bet you there are about 50 million people that wished they would have listened to Celente in 2007.
;-)
Or how about in 2001....when he knew what they were going to do....and said 'go for the gold' at $250/oz..



To: patron_anejo_por_favor who wrote (261119)7/15/2010 1:28:52 PM
From: No Mo MoRespond to of 306849
 
Sensationalism sells.

I remember two or three years back AllansAlias said he'd come to to dismiss all the uber-bears. (He'd long before dismissed the uber-bull clowns.)

Betting on an outlier, especially an extreme, is a low-odds play.

2008/09 scared the sh*t out of me, but I find myself wondering (not for the first time)about the collective gloomy outlook on SI. Accurate or not, I think there is a negative bias here that feeds on itself and colors (for some) investment/trading decisions.

Disclosure: Pretty close to flat, as well, except for a handful of Canuck juniors, a spot of NGD and a couple other odds and ends.