01-06-2010, 07:41 AM
Paul, you keep repeating a misrepresentation of the details. My prediction was wrong and only wrong in the absolutest context you've chosen to cherry pick your winners and losers. By that very very agenda laden characterization, sure, I'm wrong. But absolutest projections are of near no utility when meaningfully discussing economic issues. It's akin to characterizing someone who, when asked "when the bus shows up to head to Hilo" says "usually between 3 and 3:30" is wrong when the bus shows up at 3:40 Wrong, in an absolutest sense of course, but exactly the information one needs to board the bus. In fact, conservatism in the estimate is valued as good advice in such cases, as "you need to get on the bus." Now you're welcome to characterize my prediction in your absolutest context, but it's a pretty useless characterization. How different the result would be if you asked the question "Who gave the economic advise, which if followed, would have netted an individual the greatest economic gains for the year?." Actually, I'm very interested in how you'd spin than one off. At any rate. You might find it interesting to consider that side of the equation. That might make your position more balanced appearing. Ultimately I don't care if you can see that or not, as my reward's in the bank and I don't take your views personally as if I'm involved at all this year it will be short positions only and someone needs to be on the other side of the contract.
Calling a bottom in a market is the single most important and difficult stunt to pull off in good investment strategy. Doing so conservatively guarantees good returns in a manner no other call can. It's very much a matter of knowing when to "get on the bus." You're welcome to disregard that in your quest to prove a point, but it's pretty obvious as to what is going on.
The second most important projection is to know when the waters are too dangerous and to stay out. By the way.
Yup, Glen, green tea grows great and there's a growing industry here in the crop. It's a fine potential cash crop suited to small homesteads and you'll be hearing much more of it.
http://sensiblesimplicity.lefora.com/
Calling a bottom in a market is the single most important and difficult stunt to pull off in good investment strategy. Doing so conservatively guarantees good returns in a manner no other call can. It's very much a matter of knowing when to "get on the bus." You're welcome to disregard that in your quest to prove a point, but it's pretty obvious as to what is going on.
The second most important projection is to know when the waters are too dangerous and to stay out. By the way.
Yup, Glen, green tea grows great and there's a growing industry here in the crop. It's a fine potential cash crop suited to small homesteads and you'll be hearing much more of it.
http://sensiblesimplicity.lefora.com/