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Denninger's "666 will fall quickly" after the 2009/2010 bounce was a quite remarkable, and terribly wrong, call. He is still bearish, some 1400 points later....even after we have sold off a couple hundred points from the high! He appears broke and his web site is all but shut down.
Just about anything Crammer has mentioned...AAPL might be the poster child. And of course, his Bear Stearns call, which he continues to insist was about the bonds, is a classic portfolio destroyer.
And then there is Gartman...he has been wrong on just about everything. In the last year he has accurately predicted, in complete inverse, every top and bottom in the market. The PERFECT
market contrarian indicator.
There are those that trade, and those that write market letters and make market calls. Don't confuse the two. Take a guy like JC Parets: He is full of all of these "philosophical" market comments, but hard, objective calls? Not so much. Yet, he is always "right". Money talks; BS Walks.
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