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<p>[QUOTE="medoraman, post: 1733266, member: 26302"]I tried listening to him a few times and found him to very much be the unofficial mouthpiece of small investors. He always jumps on bandwagons late and hangs on long after the smart money has taken profits and cashed out. I could be wrong, but I have never heard him actually recommend anything until long after it had started already going up strongly. It works ok to try to be a momentum player if you are a day trader, but not a long term buy and hold strategy.</p><p><br /></p><p>I think a pretty good strategy might be to listen to what he is screaming "buy" about the loudest and look into shorting it. I wrote here about 5 months ago about my experience with a bunch of silver stackers and how they were all "excited" about pm and all would quote the exact same reasons to buy pm, and nod at each other when they did so as if they actually had an intelligent thought. I should have sold them my silver that day, but I am not a buy and sell kind of pm holder. I am a buy so I know I do not have to eat cat food when I retire kind of investor.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1733266, member: 26302"]I tried listening to him a few times and found him to very much be the unofficial mouthpiece of small investors. He always jumps on bandwagons late and hangs on long after the smart money has taken profits and cashed out. I could be wrong, but I have never heard him actually recommend anything until long after it had started already going up strongly. It works ok to try to be a momentum player if you are a day trader, but not a long term buy and hold strategy. I think a pretty good strategy might be to listen to what he is screaming "buy" about the loudest and look into shorting it. I wrote here about 5 months ago about my experience with a bunch of silver stackers and how they were all "excited" about pm and all would quote the exact same reasons to buy pm, and nod at each other when they did so as if they actually had an intelligent thought. I should have sold them my silver that day, but I am not a buy and sell kind of pm holder. I am a buy so I know I do not have to eat cat food when I retire kind of investor.[/QUOTE]
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