Watch Barton Biggs Predict The Rosy Future: The Sequel

Tyler Durden's picture

For those who didn't get their share of laughs listening to Barton Biggs yesterday on CNBC, and his prediction of a 7-9% rally in three weeks (make that 9-11% as of today), here is your repeat chance to do just that as he has a 3:00 pm appearance on Bloomberg TV today. Incidentally, Barton will be absolutely correct if next Tuesday the Fed announces that QE3 is starting. Of course gold will be at $2000 to celebrate the Fed pushing its balance sheet over $4 trillion. Otherwise, the outlook is not so rosy...

Live feed after the jump

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wang's picture
wang (not verified) Aug 4, 2011 3:11 PM

ya so Barton can be  a bit of a knob, but effing Rosie was shouting suckers rally at S&P 700, what's good for the goose...

 

and then Rosie back 3 months ago on April 27 (S&P 1355) had this to say

“On a very near-term basis, and despite my long-standing macro concern list, which has not gone away, it does look like the market is set to rise further.  The technicals are suggesting as much, though I do await what Walter Murphy may have to say on the matter.  I had said before that a breakout to new highs led by higher volume would be an important technical signpost.  Well, we achieved that Holy Grail yesterday – both in level terms and with respect to the change.  This is not throwing in the towel, it is an acknowledgment of what the market internals are flashing at the current time from a purely tactical and technical standpoint….

d00daa's picture

so both suck ass?  that's your point??

i'm sorry rosie ruined your wife or whatever but get the fuck over it already.  the act is tired, everyone knows he sucks as a market timer.

wang's picture
wang (not verified) d00daa Aug 4, 2011 3:24 PM

kind of my point, glad you figured it out

d00daa's picture

yeah, only everyone and their fucking mother knows that.  thanks for the insight.  in other news water is wet and you have a very, very loose pussy.  who knew?

wang's picture
wang (not verified) d00daa Aug 4, 2011 5:51 PM

your sharp wit betrays you doop and I had figured you for some overweight 30 something living in his parents basement

skohiu's picture

Rosie was also bullish on gold and bonds......so 2 out of 3 isn't bad.   Plus, we all know equity money is the stupidest money.

4shzl's picture

What about the sneering monkey in the bowtie who is "short Treasuries as we speak?'  BWAHAHAHAHAHA!

Sudden Debt's picture

BBBbrrrr.... I FEEL COLD TYLER!!!

 

Don't you have a HEATMAP?!

 

Markets down 1.1 TRILLION DOLLAR TODAY!!! It could have been a QE3....

Deepskyy's picture

Tyler can we get a volume chart for the last hour or so?  I think those algos are trying their damndest to melt this bastard back up above the 3% mark. 

Sudden Debt's picture

It's like the entire internet is slow today :)

Every site I go to: BOTTLENECK

 

Deepskyy's picture

Fear and Loathing SD... Creeping up the spine of every coked up day trader like first rising waves of an acid frenzy.

 

augie's picture

one bid over the line, those poor fools. 

treemagnet's picture

Its great for the gang at the SEC though - all lanes to porn have opened up nicely - streaming porn and a melting market,

GeneMarchbanks's picture

Servers are crashing all over because the confused and helpless are looking for answers. As for your 'adult' websites I can't really comment... I'd assume people are looking for relief somewhere.

THE_YAK's picture

http://i54.tinypic.com/1zebh4z.jpg

 

that's my face until tomorrow 8:30am

kito's picture

need....more.....cans.....of......kerosene.......

trentusa's picture

I just wanted to stop by so later on I can say I was here at Zerohedge and that I'm proud to have participated. Tyler, my hat's off to you.

Justice & truth everywhere...

Sudden Debt's picture

SO TRUE!!

 

TYLER ! CONGRATS!! YOU NAILED IT!!

 

chump666's picture

qe3 has to be trillion + to move stocks, even then he ain't going to see a major rally, or new highs.

Sudden Debt's picture

Let's just start a QE and let the presses run untill there's no more plutonium to power them up.

 

wang's picture
wang (not verified) chump666 Aug 4, 2011 3:30 PM

it won't be a number, it will be a state of mind

qe3 will be a special  purpose vehicle that is self funded and will be used as required to bring stability to the financial markets and create an environment that will be conducive to employment

treemagnet's picture

still can't believe I bought some more gold this morning!  can I time it or what.

GeneMarchbanks's picture

Learn to BTFD. Damn rookie. Disregard the previous sentence I was murming to myself. It sorta ... escaped.

Sudden Debt's picture

IT'S YOU!!!! YOU CAUSED THE PM DROP!!!

EVIL IS AMONGST US!!

:)

weltvermesser's picture

DID you hear that as well? Bloomberg just said people want assets with little to no risk, like US GOV. DEBT BILLS? and they sell risky Gold to get T-Bills.

This all can`t be true. i lost really a lot of money in mining stocks today. but 5 min. listing to Bloomberg is so funny it still makes me laugh. thank you bloomberg tv team.

ASK WHY ASSHOLE
in other news
Geithner likely to stay as T. SEC. , well ENRON CFO was smarter, left ponzi before it collapsed

firefighter302's picture

CNBC 3:08 pm est "Are we gonna see this "soft patch" impact the cash story which has been the best part of this recovery?" Maria Bartaromo. Recovery? Soft Patch?

CNBC covers all (one) sides of the market...  The oversold condition and the buying opportunities. The earnings beats and the "historically" low PE's.  Without a moments grasp of the "outside Wall Street" world.  Using government numbers to give you sound analysis along the way. Liesman explaining the prudence of Central management. 

I watched CNBC continue to endorse the market in 2000, too, all the way to oblivion.  Now I have hedged and diversified assets, not just equities.

Caviat Emptor, baby. 

Citxmech's picture

My coffee-snorting moment this morning came when Melissa Lee asked Ron Paul (I shit you not) "why would anyone want to buy gold when the US has so little control over it?" 

My wife and I just looked at each other and said in unison:  "you just answered your own question you dumb bitch!" 

Talk about epic stupidity. 

Mr Lennon Hendrix's picture

99er has been hitting his charts spot on for weeks now.  Amazing stuff, really.

http://99ercharts.blogspot.com/

Fur Trader's picture

Watching now.... arsehole.  I hate 'oversold'.  Is AMZN oversold at 90 PE tool??  WTF.

r101958's picture

They have him right now on Bloomberg talking up the "great buying opportunities".......MSM still the consummate salespeople.

Eric Cartman's picture

Sell offs give me a hardon.

Goldenballs's picture

BTFD and keep on stacking.Stack an Oz a day to keep Wall St away and look forward to a brighter tommorrow.Whats a trillion amongst friends and do not park your car under any bridges near the Wall St area.

oogs66's picture

will lavornia or zandi cry on air tomorrow?

AR's picture

We know Barton.  He really should think about (or his partners should think about) asking him to retire.  Or. at least serve as emeritus.  That was actually a very embarrassing interview for him.  Stanley retired last year at the right time.

Slap That Taco's picture

Nah, these are the kind of guys who don't "embarrass." He's probably drinking his Scotch and wondering why the hell the market didn't listen to him.

Dr. Engali's picture

<======BAC goes under.

<======BAC Survives.

BurningFuld's picture

Let's see...TSX -2.96%  Gold +19.91CND today. You have chosen wisely young Jedi.

 

THE_YAK's picture

Someone please put a bid on WLT...please.

whstlblwr's picture

That look awful, hope you okay. Days like today not good for us. But ZH warn, if you watch main news you not prepared. Pray for us.

gangland's picture

 

 ERY, FAZ for next time...

 

gangland's picture

 

 ERY, FAZ for next time...

 

vipmoneymachine's picture

Moral of the story.. when Biggs is bearish, buy and when Rosie turns slightly bullish, sell.

oogs66's picture

and when janjuah calls short term one way, and long term the other way, don't pat his back 2 weeks later when he claims he called it perfectly!

DavosSherman's picture

What an effing MORON

gangland's picture

 

from joe lavorgna's soul twin:

"Barclays is very bullish, market ecxeptinally rich, exceptional value" Barry Knapp, head of U.S. equity strategy at Barclays Capital  said "HFT leading indicators show improving consumer...NFP will be improving tomorrow...will show stabalization...if you sell stocks at these levels...you're betting on a US recession...40-50% chance of recession is way to high, way to high...QE2 gave a positive monetary outlook..."

http://www.bloomberg.com/video/73528562/

 

Scalaris's picture

Ahh, the blissful ignorance of youthful naïveté.

Slap That Taco's picture

For some reason, I find this whole thread with it's sarcastic tone one of the funniest ones I've read on ZH.

IMA5U's picture

barton Bigg F00k Up

ATG's picture

The chart ZH showed yesterday indicated that out of 6 calls, 5 elapsed, BB was right 80% of the time

Wish I did so well

 

 

Thievery Corporation's picture

psyops subsidiary trots out guys like this to maximize the return