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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (85496)	1/2/2012 7:56:41 PM
From: bart13	2 Recommendations Respond to of 219173

For as long as can remember cannot think of one specific timed market call Mish has ever made which makes him pretty useless to me . I could go on for quite a while about his errors, outrageous or wrong statements, a few correct calls, hyperbole, flames, lies, etc., but it would be pretty pointless since folk seem to have their mind made up about him. But the one that does seem to be very representative of him to me was a post in November 2010, where he finally admitted that we had been in an inflationary environment since March 2009 - over 18 months late. edit/add - his comment about "credit marked-to-market" is almost laughable. Trying to define or quantify it is extremely difficult to virtually impossible, so he will be right regardless. And the phrase "marked-to-market" is also a joke given the market has so much intervention and fiddling going on, let alone FASB and other special legal moments. I prefer mark-to-reality, if one has to use a term.