Tell that to ByLow, he obviously doesn't get it. Case in point: S&P is almost at 1000.... So because I already forgot if there was an answer to it: What was the point of his posting depressing, negative articles all the time????
'Ya know what, I recognized very early on that we were having a credit crisis, very, very early on.. people said I was nuts or a doom and gloomer, end of worlder.... and then since then, if somebody's theme is "we're having a crisis!!!" I just hit the ignore, what's the point of anything else? Hey BHSL, I KNOW ABOUT THE CRISIS, OK?
And that exactly why all of his repetitive nonsense serves no purpose. Traders and share prices are only moved by NEW news, earnings or expectations. Nothing he posts is NEW news. Everything he posts is already known therefore has been factored into the market already. He's like the college intern we used have in an office I was at...a simple Bloomberg headline reader. We called him bloomy! BTW: I don't think he truly understands that we can all short the world with a few keystrokes. When the market does turn and go lower I'll be short way before he can post another "the end is nigh" article.