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MisterL
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 Posted: Fri Feb 04, 2005 4:06 am Post subject: Fleckenstein short google and .... |
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Bill fleckenstein, a well-known, stock market bear , says he is short those two stocks on CNBC's website.
He also says the financial insanity is everywhere. |
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Clear1
Member
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| Posted: Fri Feb 04, 2005 4:07 am Post subject: |
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The guy is not sure, so he went to CNBC where everything is wrong.
GOOG is +$2.5 and FNM is in green. |
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Clear1
Member
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| Posted: Fri Feb 04, 2005 4:07 am Post subject: |
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| Try to dump stock by using CNBC like Jim Cramer?! Never thought Bill fleckenstein has such weak hands!!! |
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MisterL
Member
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| Posted: Fri Feb 04, 2005 4:08 am Post subject: |
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We are back in 1999-2000, CEOs , cheerleading pundits in the financial media and overly accommodative federal reserve , actually an even more accomodative federal reserve now than 1999-2000.
Nothing much has changed in the last 5 years net net. |
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Clear1
Member
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| Posted: Fri Feb 04, 2005 4:09 am Post subject: |
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You are right, as a metter of fact. the market has never changed too
1637: Traders shoot Bulds to the roof , and then The Great Commodity Crash. "Tulipmania" was born,
1929: Traders shoot RCA to the roof , and then...
2000: Traders shoot dot.CON to the roof. and then
What else have not been changed? The TA method.
The best TA book was written by a best Holland flor trader in 1836, and you still can find the used 1933 edition on sales on internet for about $200 to $300..
Good book, and I like it.
I've no intention to mention the name of the book otherwise some one may think I try to sale my book collection on the internat |
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