Boomer,
I dont think you read my post very carefully. In general i give John credit when it comes to his analysis of SXM, but thats where my praise ends.
His silly predictions about the stock market based on his political leanings deserved to be mocked. First of all because they have been wrong SO FAR and second because he has refused to answer 2 simple questions i posed to him that would require him to be more specific about terms like over the cliff, tanked etc..
I say silly predictions because it was obvious that the economy was slowing down and so quessing that the market would "tank" in the month of September (which is ususally one of the worst months for the market) was not an act of bravery but of egotism run amuck. I didnt use the word "wrong" but note that his prediction for the market to "tank" in the beginning of Sept. or middle of Sept. has been clearly off base. And his attempt to imply that the tanking he predicted was actually occurring earlier in August (turns out market only went down 2% in August.) was clever by half and obviously wrong. I responded negatively to his arrogance and to his mixing politics with the market. I have no idea where the market will head in the next several weeks or months
and not going to quess.