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To: Thomas M. who wrote (12687)12/23/1997 5:50:00 PM
From: opalapril  Read Replies (1) | Respond to of 45548
 
OFF TOPIC -- RODGERS AGAIN. >> a conspicuously poor characterization of Jim Rogers's views of late 1994.<<

Sorry, Thomas Miller, but my recollection of Rodgers' remarks is exact and accurate. In December 1994 on the same program where his mother accidentally called in on his cell phone while he was on the air, Rodgers was predicting a crash in 1995. The only stock he thought worth owning was TEP. And he wasn't "calling" the "bottom" of the utility industry. He was suggesting a play on a sloppily run utility that had just emerged from bankruptcy, although the same clowns were running the same circus.

I suppose Rodgers might have sung a different tune in the 1995 Barron's a few weeks later -- as I mentioned before, in cold print his thought processes invariably are revealed to be mere muddle -- but I seriously doubt it. For as long as the bull market has run, Rodgers has been pounding the table screaming "crash is coming" and "invest in ------ [name your favorite fascist country, the more obscure the better]." He's a clock, stopped dead. Bound to be right once in a great while, but not enough to justify the effort of looking at him.

I agree with the gathering sentiment of this board: that's enough about Jimmy Rodgers. He's really not worth all this space.