Richard Russell, 12.13.11 "Instructions: Be out of ALL stocks including mining stocks [later amended to 'except mining stocks'] if you've not done so already."
Richard Russell 5.3.12 "Market Wants to Go Higher"
Again, I have no problem with people being wrong. We all are now and again. But it's this "instructions" thing that I find to be the height of arrogance as I suspect RR's reader base includes a healthy proportion of little old ladies who do what they are told by authority figures.
A scary thought with regard to a coming gold stock bottom is if he is still bullish gold and the mining stocks. I hope not.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Richard Russell 5.3.12 "Market Wants to Go Higher"
Again, I have no problem with people being wrong. We all are now and again. But it's this "instructions" thing that I find to be the height of arrogance as I suspect RR's reader base includes a healthy proportion of little old ladies who do what they are told by authority figures.
A scary thought with regard to a coming gold stock bottom is if he is still bullish gold and the mining stocks. I hope not.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Even Russell has to be wrong in 'being wrong' now and again no?
ReplyDeleteSo if he likes GM stocks, maybe this is the time he is wrong (as a contrarian indicator)?
Yup, even Russell and certainly me. Everybody's wrong sometimes. It is just the 'Instructions' thing that rankles me.
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