Chicken Little, or not, RBS warns of CRASH !

Discussion in 'Trading' started by Digs, Jun 17, 2008.

  1. gnome

    gnome

    There are also the "market's going up regardless" gang, too...
     
    #41     Jun 18, 2008
  2. #42     Jun 18, 2008
  3. will the vince farrell bottom hold?
     
    #43     Jun 18, 2008

  4. These people aren't stupid, but there is a reason why most of them, and CNBC itself is bullish.

    Its their JOB to be bullish. if they run funds, or work for a broker, they are not going to give dire news as this takes money out of their pocket. Its like the NRA on real estate prices. this is also why Kudlow is almost always bullish. his ratings depend on it (he has great ratings). on very rare occasions, he will give recession scenarios just to keep some credibility, but he never sticks to it for more than a few days.

    BTW, Kudlow was bullish throughout the entire tech wreck. people who listened to him lost millions. I personally know a person who made 5 million in options on the way up courtesy of Kudlow, and then lost every penny on the way down. She continually worshiped kudlow till her account was tapped out. This was with her trader son telling her EVERY DAY to get flat or short.

    These guys have vested interest in their predictions. ignore them.
     
    #44     Jun 18, 2008
  5. Does any pone have any links to media of Kudlow being bullish during the dotcom crash?
     
    #45     Jun 18, 2008
  6. Why do you care?
    You don't even trade.

    All you do is spend the entire day watching CNBC and posting "cut and paste" articles on ET that agree with your bias.

    You don't use technicals.
    You don't use any stop-losses.
    All you do is "paper-trade" and post on ET.

    How much does Baron pay you per post?
    :p
     
    #46     Jun 18, 2008
  7. Wasn't Janjuah the credit strategist for Bear Sterns before it went down for the count?
     
    #47     Jun 18, 2008
  8. Please POST a photo of your screen shot with these positions.

    Thank You.
     
    #48     Jun 18, 2008
  9. #49     Jun 18, 2008
  10. He was. I was trading throughout the entire thing. He was just as bullish then as he is now. Anyone who listens to this guy deserves to lose all their money on the first serious downturn.
     
    #50     Jun 18, 2008