"ta"
nc.rr.com> wrote in message
news:0c546f4a-bbb6-4d24-8869-3e715269a6d9@m36g2000hse.googlegroups.com...
On Sep 15, 10:19 pm, "Sean" now.com.au> wrote:
> "ta"
nc.rr.com> wrote in message
>
> news:8c319721-14d3-4284-8bdc-d1daf469dc1f@2g2000hsn.googlegroups.com...
> On Sep 15, 11:22 am, "Sean" now.com.au> wrote:
>
>
>> I liked this because it is a down to earth perspective and a street
>> smarts
>> description by an american investment advisor of what's going on, and
>> some
>> sage advice about how best to approach it in your own self-interests.
>
>> ps watch his video about Silver and Gold from 18th Aug., very
>> interesting
>> that one.
>
>> all fwiw, trust your own instincts.
>
>> --
>> "Fear not the path of truth for the lack of people walking on it." RFK
>> 1968
>
> I'm not impressed. Nothing more than an op-ed with a lame analogy
> about a boat adrift in the sea.
>
> Whether he is right or wrong remains to be seen, but there is no
> shortage of people out there trying to frighten you into paying for
> their "investment services".
>
> I'm sure he'll capitalize handsomely on the big down day in the
> markets -- frightened people are always looking for a "saviour".
>
> -----------------------------------------------
>
> SEAN:
> What you say above is very true, for you, and no doubt many others.
>
> I'm not looking for a saviour, nor am i frightened, and nor did I, or do
> I,
> need his advice.
>
> Yet, I still like the simple and understandable way that he has been able
> to
> capture in a few short minutes the essence of what is going on globally,
> without using the slightest economics reference or usual type of speech
> one
> hears from a Fed Chairman answering straight questions from Congressional
> Committess with total gobbly gook.
Well, that's the problem -- he *doesn't* capture it. It's an op-ed
piece, not an intelligent, reasoned analysis. It's dumbed down to the
point of uselessness (or worse, it's misleading).
Spooky background music + ominous sounding but false "storm" analogies
+ fee-based web site advertisement front and center = charlatan trying
to scare you into paying for his "investment services".
-----------------------------
Well, fwiw, I never suggested or believed it was an "intelligent, reasoned
analysis".
In fact I'm pretty sure I said it was a "down to earth perspective and a
street smarts description "
For "intelligent" maybe go here and see what the "intelligent professionals"
say about it:
http://www.nypost.com/seven/09162008/business/bloomberg_lp_braces_for_terminal_hits_129338...
Man look at this QUOTE :
"Bloomberg LP, whose best-selling financial news and data terminals are
ubiquitous on Wall Street, is trying to reassure jittery employees that it
will weather the financial storm after the failure of one major client and
the sale of another."
SHEESH, man I get sick of these dumbed down analysis's by idiots. It's just
soooo misleading!
OK, Ta, I take your point. Seems like you're right again.
> If you don't like what was said, or how he said it, or what I say about
> it,
> that fine by me.