On May 20, 8:42*pm, "Rod Speed" wrote:
mg wrote:
On May 20, 5:57 pm, wrote:
On Wed, 20 May 2009 16:17:59 -0700 (PDT), Möbius Pretzel

wrote:
Jim Rogers - May 20, 2009 Where do you put your money?

From CNBC:

The stock market may hit new lows this year or the next as the
current rally has been largely caused by the money printed by
central banks and fundamental problems remain unsolved, legendary
investor Jim Rogers told CNBC Wednesday.

His views echo those of renowned bear Marc Faber, who told CNBC last
week that the rises in share prices did not mean the world was
embarking on a path of sustainable economic growth.

"I'm not buying shares if that's what you mean. Not at all," Rogers
told "Squawk Box Asia."

"The bottom will probably come later this year, next year, who knows
when," he added.

http://revolutionarypolitics.com/?p=699

Our economy has non-reversible flaws. Naturally,
the hucksters think McDonald's,Wal-Mart, etc.,
will restore our position in the world market.

ted

ps. Social conflicts will rise due to third-world
immigration and economic disaster.

Weren't you saying get out when the DOW was at 6500?

Yep, thats all he ever says, like a broken record.

Now it's at about 8400.

Yep, egg all over his face, as always.

Even stopped clocks are right twice a day. I remember back during the
dot-com boom, Abby Joseph Cohen, for instance, was always saying buy,
buy, buy, and she kept saying that right up until the crash. That's no
different than Wis saying sell, sell, sell all the time. Sure he'll be
right sometimes, and I don't like the market at 8400, for instance,
but people who are always bullish or always bearish, don't do anybody
any favors.