Archman Investor

Mike Shedlock has a hard time seeing why markets went giddy over today's Q3 GDP data: "The government sloshed trillions around and yet disposable income is down, jobs are horrendously weak, and the only reason GDP rose is wasteful government spending, cash-for-clunkers and extremely unaffordable housing tax credits whose effect is soon going to start diminishing."

Spoken like a true Wall Streeter. Well, you are trained for a career on Wall Street and are an analyst, so you fit the bill of telling people what they want to hear rather than what they need to hear.

Supposedly managing money for family and friends, and having a free blog masquerading as a professional asset manager site is cute, but quite silly to say the least.
Thank you for providing a link on your site to the Marketocracy site that tracks your "portfolio". Judging from the performance, you truly are a great asset manager: You make money only in bull markets, just like everyone else does, but in bear markets you have absolutely no idea how to protect your clients money and help them preserve wealth.
So yes, congrats. You truly belong on Wall Street.
All the best and keep on pumping!!!


On Oct 29 05:54 PM Stone Fox Capital wrote:

> it isn't about the quality but that the amount was better then expected.
> Fight the trend all you want. By Q4/Q1 the quality will be a lot
> better. What will the excuse be then?