Quote:
Originally Posted by The Demon
Well, he was definitely right about the housing and financial collapses which put him in the 1% of intelligent economists in the world. I've made more than I lost with his predictions as well. I really messed up with those triple leveraged etfs because I thought we were overdue for a correction but we all underestimated the government's involvement and influence on the stupid and naive American public.
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Yeah, I don't take anything away from him. I never had heard of him until you brought him up. I think he makes a lot of sense in a lot areas.
That said, I'm still partial to the deflation first scenario right now, but that could change.
Right now, I'm focused on shorting equity futures. I have mid August for timing. I would like to see 10,950 DJIA and 1144/esu, but whether it pokes its' head up more remains to be seen.