David Rosenberg Has Gone Bullish... Or Has He?

Tyler Durden's picture

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
firstdivision's picture

Carry convergence?

bigelkhorn's picture

That guy from FFT is very good and called the market crash back in 2008.

 

He reckons there is a good chance the market might bounce here. I just

watched his live video today, He is very good and I love his membership site. 

 

its over at http://forecastfortomorrow.com/Trading-Club

NOTW777's picture

pay me and then I'll confuse you

Soul Train's picture

yep, pure Fed grain to the sheople.

The Federal Government has killed the Union.

Proof - look how Federal supported education teaches calculus to our high schoolers - the youth who are to be our future best and brightest - rapping just like Barack and Michele on the front lawn of the White House.

Watch this http://www.youtube.com/watch?v=Umoo9yTETFs

EscapeKey's picture

It would appear the PPT has set their computers to 12,700 today.

http://www.marketwatch.com/investing/index/DJIA

John Law Lives's picture

Amazing how the Dow Jones rose ~150 points off its intraday lows today.  Must have been the lousy macroeconomic data.  I just love rallies on the heels of bad data.  It puts my doubts to rest and confirms my suspicions that the market is 100% rigged and the Ponzi economy we live in is FUBAR.

Waterfallsparkles's picture

Seems to me that when the data is really bad that they pump the market so they can sell.  Usually, does not correct on the data until the next day. 

Soul Train's picture

Yep, it's the NY and DC federal mafia. Here's the real story - they are using equities as their new distribution engine, just like they did with real estate in the 2000's.  Big whore Bubbles made in the USA, in the factory at the Fed and with their bankster owners.

Here's the way they teach calculus to our kids in high school (federal funding and centralized control)

 

http://www.youtube.com/watch?v=Umoo9yTETFs

 

EscapeKey's picture

I absolutely agree. Seriously, how fucked up is that climb? There's nothing even remotely non-obvious about the 12,700 target. They entered it on a computer, and gee look at what the cat brought home.

I get questioned on my position with regards to PMs. It's days like these my confidence builds.

Absolutely fucking disgusting.

entendance's picture

I’m not sure if ZeroHedge has interns who have been unleashed on the Bloomberg terminal to bang out charts which they can then misinterpret ignorantly, but there is positively ZERO excuse for this utter nonsense: “SLV Trading At A Record Discount to NAV.”...>

http://www.entendance.com/forums/viewtopic.php?f=17&t=782&p=16922#p16922

Prof Gulliver's picture

Hee hee. Those who listened to the world's worst stock picker missed the 100 percent rise, now they're going to go all in just in time for the 20 percent decline.

Smiddywesson's picture

+10

He couldn't take the pain and had to throw in the towel.

GS is short Gold's picture

Seriously, who gives a shit what DR has to say? Because he's a permabear, TD gives him open forum to spread his worthless advice.

Arius's picture

King Dollar!

or what is it now The Bernank Dolare ???

Manthong's picture

Just have a couple more shots, straight up and don't worry about that blood test with the lousy liver numbers. 

 

bbq on whitehouse lawn's picture

"...it is an acknowledgment of what the market

internals are flashing at the current time from a purely tactical and technical standpoint.”

I’ve “gone bullish.”

"At Gluskin Sheff, we make a point of never reacting to the short-term – whether in financial markets or with respect to interpretation of our research."

So which is it?

buzzsaw99's picture

I've never seen anyone lose money as fast as Gluskin Sheff, except maybe AIG.

rocker's picture

Lose money. Godman shafts needed Berkshire, the FED, the Treasury, AIG and somebody to give them bank status, since they are a hedge fund.

Now that's a Big Bandaid. 

buzzsaw99's picture

I know but sheeit! That '07-'09 stretch was like Legg Mason Gawd awful.

BIGBOHICA's picture

Don't forget Robert Prechter. His wave counts are 100% accurate at going bullish/bearish at the exact wrong time. Silver 23 was the absolute top, and S&P to be at 600 after the last year's soverign debt crisis.

TexDenim's picture

How can one "never react to the short term"? The short term is all we've got today. It only becomes long term two or three months from now. What a crock. These guys make money from fees, not from trading.

MarcusAurelius's picture

Does it really matter whether he is bearish or bullish? Is he putting his money where his mouth is? Is he a market trader or market analyst? I do both but you know what I put my money where my mouth is. I called this USD ralley long before these so called experts and guess what, "it ain't over by a long shot". Now that the stops have been taken out on the dip watch as this ralley lasts a good while measured in months. Don't be suprised to see it rise to over 90.00. Does price action move in the direction of the stops? Hmmm...trade and find out.

Stephanovic's picture

Yes, I thought it was amusing they went premium before he outlined his altered thoughts.

Eireann go Brach's picture

Fuck him the fat bastard, he will probably be on CNBCs payroll soon!

long-shorty's picture

It's no coincidence all of this guy's notes are named after meals and snacks.

No More Bubbles's picture

Who cares what this clown or any other clown thinks?  They'll all end up like Joe Battapaglia soon enough.

tony1983's picture

Windows 7 Serial Key are for you now!Windows 7 key store is authorized reseller for the software vendors mentioned by Microsoft.We are committed to providing authentic software such as windows 7 ultimate key and office 2010 professional plus key to prevent our software users.All of our softwares are free shipping! Order windows 7 and all windows product key Only in 24 Hours delivery with great discount promotion and best service.
we also provide:windows xp home edition service pack 3 cd key | office 2010 professional plus key | windows 7 activation key | exchange 2007 serial | office professional plus 2007 product key | product key for microsoft office 2007 | windows xp professional sp3 cd key | windows 2008 server product key | office 2007 standard serial | upgrade to windows 7 professional | windows 7 ultimate serial | office professional plus 2007 product key | windows xp serial | microsoft office 2010 product key | windows xp media center serial |windows vista activation key | windows 7 home premium serial | windows server 2003 key | windows 7 professional serial key | office 2007 enterprise serial | microsoft office 2007 professional product key | office 2007 ultimate serial |

jimmight's picture

I love it when the big boys fight withe blogosphere as it immediatly validates and ligitmises the blog. Free advertising.
Pass4sure HP0-J43 \ Pass4sure HP2-Q04 \ Pass4sure JN0-343 \ 132-S-911-3 \ Pass4sure PMI-002 \ 000-104 \ Pass4sure 1z0-007 \ Pass4sure 350-040 \ Pass4sure 640-760 \ Pass4sure 642-415 \

jasmine's picture

Every day, or so it seems, new research shows that some aspect of lifestyle - physical activity, diet, alcohol consumption, and so on - affects health and longevity. Physical fitness is good bodily health, and is the result of regular exercise, proper diet and nutrition,and proper rest for physical recovery. ccda\\mcdba\\ccent\\ccna voice\\icnd\\ccip\\VCP-410\\640-802\\