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Originally posted by GreenBicMan
reply to post by whiteraven
hmmm...
well from what I am reading recently he has been off..
now, i know that he has been dead right before, which does "off-set" me a bit..
but listen
when someone is telling you to short something on margin, you are taking these shares at interest, as well as not actually owning the stock
IMO he is good at spotting trends (somewhat, but not that great) and knows when news is going to be released (like housing data... etc..) and just takes a STAB IN THE DARK ON THAT DAY..
Actually I would almost bet 1000000% that is EXACTLY what he does..
Originally posted by eldard
Originally posted by GreenBicMan
reply to post by whiteraven
hmmm...
well from what I am reading recently he has been off..
now, i know that he has been dead right before, which does "off-set" me a bit..
but listen
when someone is telling you to short something on margin, you are taking these shares at interest, as well as not actually owning the stock
This is why people should really read more into him before dismissing him. He never advises to short based on his predictions.
IMO he is good at spotting trends (somewhat, but not that great) and knows when news is going to be released (like housing data... etc..) and just takes a STAB IN THE DARK ON THAT DAY..
Actually I would almost bet 1000000% that is EXACTLY what he does..
No, he doesn't. If you've followed him since last year like I did, you'd really know how good he is. He's got 8 correct predictions so far. (only one off by a day.) Go find someone who can nail an FBI raid to the day.
Originally posted by eldard
No, he doesn't. If you've followed him since last year like I did, you'd really know how good he is. He's got 8 correct predictions so far. (only one off by a day.) Go find someone who can nail an FBI raid to the day.