a123stocks's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/81985/comments http://seekingalpha.com/article/85872-is-the-global-economy-drowning-in-a-sea-of-black-gold?source=feed#comment-210366 210366 www.eia.doe.gov/pub/oi...) and they seem to say crude inventories are at the bottom of the range for this time of year ...]]> Mon, 21 Jul 2008 07:12:49 -0400 www.eia.doe.gov/pub/oi...) and they seem to say crude inventories are at the bottom of the range for this time of year ...]]> http://seekingalpha.com/article/45689-bill-gross-wants-a-pimco-bailout?source=feed#comment-94630 94630
I used to follow Bill Gross avidly. However, I have seen he has been making a series of extremely poor calls (on 10 year Treasury rates for example) that have been way off the mark. His call for a US Government bailout is shockingly irresponsible.

If the US Government does that (a bailout) it will only reward the bad investors (such as PIMCO) and penalize those of us that have been cautious and prudent.
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I used to follow Bill Gross avidly. However, I have seen he has been making a series of extremely poor calls (on 10 year Treasury rates for example) that have been way off the mark. His call for a US Government bailout is shockingly irresponsible.

If the US Government does that (a bailout) it will only reward the bad investors (such as PIMCO) and penalize those of us that have been cautious and prudent.
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