Gtarras

Predicting the Next Great Bubble

the current bubble we live through is the short trade. especially pronounced in debt market with the recent invention of a CDS product, which allows to capture not 100% return, but an unlimited one. the short trade bubble blowers succeeded in destroying Lehman, bear etc, put the whole economy in jeopardy via the destabilization of the financial system, and are trying to capitalize on fear even further. By my assessment, majority of people on SA are bearish. WHY? Most likely they have some sort of a short position in the market. And lets face it, the SA audience are the top earners, and collectively do influences the markets.

Could the Dow Sink Another 50% by 2012?

I had to go through all this negative hogwash to find out at the end that the author is actually long the market. LOL! Why do SA editors allow such nonsense?

Wrong Great Depression Lessons Will Haunt Equities in 2009

Proximo
I would not be so quick about declaring the author's knowledge as deep. I personally can not speak for all he areas the author puts his opinion forward on, but in the area of my expertise, the author is usually mislead and is misleading the readers. The area is synthetic credit (ie CDSs), structured credit (ABS, CDOs), and the area of banking affected by the above.

There is always a group of people around what I call "clever fools". These folks sound smart (and they are smart), and can logically argue their views, but the specialists would always see deep flaws in their logic. for they lack the experience.

My opinion too. Could be wrong. But. For what its worth.