7 replies to this topic

[hedgehawk]

This guy is piling on and throwing jet fuel on the fire, the futures keep sinking as this guy says that he wants AAPL, RIMM and GOOG and to get taken to the woodshed first, before the market finds an IT bottom. He says that the american government will adopt the financial policies of zimbabwe and print hordes of cash. He says the central banks SHOULD NOT have stepped in. He says that the central banks should not be insurance co for the worst of breed players. He said the central banks should do nothing and let them go belly up since their tactics were questionable in the first place. Perhaps he may be right about that.

[bln]

The guy is a zealot, just like Mc. Hugh and Prechter. I predict the perma bears will throw in the towels a couple of months before the cyclical bullmarket does. *laugh*

[Wombat]

There's also an article at Bloomberg saying Faber sees the Dow below 12,000 and we could fall 30%. Says this is the beginning of a bear market. Says losses are not contained or easily solvable with rate cuts. I like Marc Faber. He predicted this mess months ago. I'm glad I paid attention to him then.

[mike123]

There's also an article at Bloomberg saying Faber sees the Dow below 12,000 and we could fall 30%. Says this is the beginning of a bear market. Says losses are not contained or easily solvable with rate cuts.

I like Marc Faber. He predicted this mess months ago. I'm glad I paid attention to him then.

He is probably the only truthful person at CNBC. Real estate problem is only starting.

[nimblebear]

The guy is a zealot, just like Mc. Hugh and Prechter. I predict the perma bears will throw in the towels a couple of months before the cyclical bullmarket does. *laugh*

Its about time somebody stands up to this crap on the markets> Faber tells it like it needs to be told. the darn liquidity injections are BS. The markets should lock up and credit should freeze up, until the idiots who created this mess get their clocks cleaned. Central banks are aiding and abetting these fraudulent characters !

This mess is much deeper as many Mark to models have failed and people have yet to sell, since their are untold losses. Nobody knows what this crap is worth. And that is their problem.

[traderpaul]

This guy is piling on and throwing jet fuel on the fire, the futures keep sinking as this guy says that he wants AAPL, RIMM and GOOG and to get taken to the woodshed first, before the market finds an IT bottom. He says that the american government will adopt the financial policies of zimbabwe and print hordes of cash. He says the central banks SHOULD NOT have stepped in. He says that the central banks should not be insurance co for the worst of breed players. He said the central banks should do nothing and let them go belly up since their tactics were questionable in the first place. Perhaps he may be right about that.

Agreed, let the markets seek their level.....

[darnelds]

I like Faber too, but the market is still up for the year.
I don't see how a person could have made money following his comments unless you can
have a bunch of dough tied up in mortgage company short positions.
Three months ago those companies were still paying big dividends.

The guy is a zealot, just like Mc. Hugh and Prechter. I predict the perma bears will throw in the towels a couple of months before the cyclical bullmarket does. *laugh*

[n83]

The guy is a zealot, just like Mc. Hugh and Prechter. I predict the perma bears will throw in the towels a couple of months before the cyclical bullmarket does. *laugh*

He is a mega bull on Asian stocks..do not call him a perma bear..awesome picks