I was the one called ............... this bear market ... no one else !
Careful on making that statement. It all depends on when you called it a Bear and when someone else called the prolonged decline.
mss
I have a feeling you wanna claim something now...
before i shut down the blog, entire world knew that I called Feb 27 plunge (left shoulder) and the summer sell off... they formed the top... meanwhile i was calling a severe bear market ... meanwhile we were hearing 1600 something targets from usuals... as far as i remember you were one of them too...
i also called the parabola on gold at the exact time and place....and i was the ONLY one who gave 76 target for dollar long time ago!
there are tons of charlatans with tons of indicators all over the place trying to sell something to the mike sucker... me? all i need is some egoistic satisfaction ..... because i can not go on tv or write 20 pages of newsletter ... i am busy you know what i mean 
I have always had a high respect for your work and I wasn't posting much on this site at that time nor did I post anything about the Mortgage/Commerical Paper issues on the horizon so, I can't take credit but, I had been looking for this since the summer of 2006. I knew in Feb/March 2007 that the dam was starting to crack with the first CDO problems emerging out of HSBC. By the summer when I did start posting actively again on this site, it was because the dam wasn't just cracked but, now beginning to leak massively. I didn't get into it until then because a poster (who's since announced on this site he is charging $300 for 10 minutes of his time

) had started posting stuff I knew was ironeous junk and framing it as if he knew something. Nonetheless, I did not start posting about it here until then but, it's not like others didn't see this coming for a while before the dam actually broke. It was just a matter of when this Pyramid scheme was going to fall on itself. Soros has said about this, "Us old fogies had waited so long for this to finally occur, we had almost given up." He knew and he wasn't "almost [giving] up."
Larry Kudlow and the other politically motivated pseudo-patriot economists called it the "productivity miracle" but, it was based on nothing more than the next hustle aided and abetting by Alan Greenspan and what will forever be IMO his signature
modus operandi, aiding and abetting pyramid schemes and calling it the prosperity of prudent Fed intervention. He's psychotic.
Edited by milbank, 23 February 2008 - 08:42 PM.