JoeN - Never mind the noise, he's just talking his book, as usual. As soon as CCME comes back down to the price where he sold at, he'll buy back in and start warning the yahoo peanut gallery about a coming short squeeze.
Just a few weeks ago, I remember a certain someone yammering about an impending market "collapse", telling us how he made the tough decision to go to 100% cash. That was with S&P near 1040, obviously a great call lol.
When the market clearly decided to reject his prophecies, we started to hear the dire warnings intensify, as in:
JoeN taking care of the team, helping to protect us from doom. Gee, thanks buddy! lol Seriously though, could he have made his seller's remorse more obvious?
Now that the weakness of the last few days has given him a chance to wade back into some of the positions that he prematurely sold, it looks like we're starting to hear him get more positive. Not necessarily a good sign for our stocks, but at least we won't have to listen to as much of the self-serving china bash
JoeN, if you're reading this, I have some advice for you: Next time you make a bad call, man up and let the tape call the shots. Pumping and bashing on message boards to get the tape to move your way is unbelievably lame.
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