http://www.cnbc.com/id/15840232?video=1044648060&play=1 Didn't he make another hundred "bottom" calls since then? Is GE so desperate, that they pitch all their shows on other shows now? http://www.youtube.com/watch?v=dt8pd9xd2h4 And then, s and p 900, he calls bottom in real estate. http://www.cnbc.com/id/15840232?video=967866479 So he calls bottoms and tops, and picks what he wants to highlight. That's like the old racing tip sheet that picked four horses in the Belmont. You send one tout sheet to one state picking one, one to another state picking two,....etc. Then, whichever one wins, you go back to those people for the subscription. Where's the SEC (again?)? You think this is hurting people? You think this mocks the process? Does it add value? I think not.
Too bad he was saying buy in the 14,000s. His financial bottom call in July 2008 - how did that go? XLF was at $17 then. Ooops. He's delusional.
I think he's running from his own past, and he thinks the arrogant bit will do it. a guy like him left a long trail, and it'll come back to bite him.