Boy, is this guy Bearish !
Started by
nimblebear
, Jun 25 2007 12:17 PM
3 replies to this topic
#1
nimblebear
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Welcome to the Dark Side !
Posted 25 June 2007 - 12:17 PM
Jim Shepard on radio/video at CBSMarketwatch is bearish. Said investors should simply be out of the market at this time. Indicators are expecting worse than '87. With no rebound like '87. Will be protracted.
Crash is imminent.
Issues: Yield rates to keep rising.
Substantial debt.
Substantial leveraging. $400 Trillion in notional value of unregulated OTC derivatives. $300 of the $400 trillion is tied to interest rates. Could get messy.
Blah, Blah, Blah.
Sounds convincing, but don't really buy into it. Yet, anyway. First guy I've seen recently to actually say he is outright bearish.
OTIS.
#2
Rich
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Posted 25 June 2007 - 12:25 PM
Crash is imminent.
I don't think so. This conditions today don't look anything like those in 1987. I wonder what kind of model he is using?
Rich
#3
fib_1618
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Posted 25 June 2007 - 12:43 PM
The first guy? Hardly.First guy I've seen recently to actually say he is outright bearish
Ever hear of Peter Schiff? How about Robert McHugh? There are many others who remain staunchly bearish.
Fib
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#4
bigtrader
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Posted 25 June 2007 - 01:15 PM
He went short during the 02 lows!!!!!!!!!!!!!!!
No longer interested in debating with IGNORANT people.
