That would be a very tricky game, because most would do the exact opposite of what he advises, presuming his 'silent days' are when he would advise to short, if he weren't silent. Go short when he says buybuybuy, go long when he says nothing, that would work
I think his(their) game is to get the click count up for ET. That's the only rational explanation. He's good for business. The outlandish, crude, childish, bizarre remarks only serve to increase the hits. Good game plan.
Excellent day so far nice rebound. Econ data was good. Most my stocks are up. No problems so far. That 300 point rally is still intact. Yup..not going anywhere. Those gains are locked and loaded.
hits the nail on the head regarding subprime 'crisis' : http://clifdroke.blogspot.com/2007/09/how-crisis-can-make-you-rich.html If you want any indication that this bull market is far from over and that stocks will continue to surge higher, especially in the coming months all you need to do is turn on the TV to CNN, MSNBC or FOX news or go to yahoo.com While a lot of bears here seem to obcess over: inflation, recessions, rising oil, the China 'bubble', rising gold, falling dollar, rising gas, rising food, 'fabricated econ numbers', credit crunches, mortgages and defaults, US consumer 'tapped out', rising consumer debt, housing bubble, credit crisis, -none of these issues are in the in the headline news when you turn on the TV or go to yahoo or google news. Instead you are inundated with the usual slew of stories: ongoing iraq conflicts, missing children, celebrity scandals, weather reports, holliday shopping record numbers, and so on. No one talking about a credit crunch or liquidity crisis? No one talking about housing bubble. Noooooo news about rising oil. here are the top headlines on yahoo: ------------- ⢠U.N. agency: Iran withholding nuclear program details Ploy? ⢠Pakistan students take Musharraf protests online On edge ⢠Blackwater guard's account contradicts FBI Iraq shootout ⢠U.K. agrees to extradite radical cleric al-Masri to U.S. ⢠Honda to debut hydrogen-powered car in 2008 L.A. auto show ⢠CDC: Mutation of common cold virus has killed 10 people ⢠Fans walk out of 'atrocious' Amy Winehouse concert ----------- Four stories about the middle east and muslims. Nothing about a credit crunch or pain at the pump. No one complaning. Yet the bears here constantly perpetuating the myth that the American economy is somehow in dire straits due to these problems. Why doesn't anyone else case? Because it isn't a big deal.
the article was written on Sep 26th. we are 600 points lower now than we were then. Contrarians that trade without confirmation and without stops are just loser bottom picking noobs that are kidding themselves they are being clever.
Its a marketing tactic to plug his book. If the contrarian method is absolute, the 'secret' would have been let out long ago.