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    ChunkLovesSlothHamilton Nolan
    9/20/13 2:30pm

    The issue is that Grantham isn't just a broken clock like anyone else that got famous after the last bubble. He is quite important actually.

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      MikeChunkLovesSloth
      9/20/13 3:23pm

      I'm actually encouraged that he thinks it will go up some more first. Not a big fan of the government induced cycles, but I'm doing okay in the market right now and wouldn't mind making a little more before it's time to sell everything.

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      ChunkLovesSlothMike
      9/20/13 4:06pm

      To be fair, he is not saying there is a bubble that will burst. He is saying if the fed continues down this road there will be. It was expected that the fed would cut back recently but most people expect it to happen soon enough. It can't go on forever and the cut back will have to be gradual. And the biggest reason for people making money in the market is timing...some call it luck. The biggest reason for losing money is also timing. There aren't exactly that many people out there who consistently make money by timing the markets.

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    corey3rdHamilton Nolan
    9/20/13 2:10pm

    What about predicting the Beanie baby market was going to burst?

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      Johnny ChundersHamilton Nolan
      9/20/13 2:16pm

      I think the bubble will burst 3rdQ 2014. Why? Blue chip securities are inhomogeneously leveraged, and on top of that performance of mid-range restructuring vehicles has outpaced the change in deflation rate.

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        narcissusJohnny Chunders
        9/20/13 2:22pm

        TAKE MY MONEY!!

        ...says your average credulous consumer.

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      FrederickDouglassHamilton Nolan
      9/20/13 4:50pm

      My guess is it happens in sept. 2015 right before the President leaves office just like last time. Again we will be handing billions in tax payer money to the same robber banks we had to pay tribute to last time so the system didn't crash. Then all the political heat is put on a lame duck president almost everybody will hate by then for one reason or another. Rinse and repeat.

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        WaxManHamilton Nolan
        9/20/13 3:04pm

        The stock market “will eventually be down” may sound like obvious and dumb advice, and it is, but it is much better than the (mostly) pre-2008 attitude of “everything will go up in value indefinitely!”

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          Zoey NovaHamilton Nolan
          9/20/13 4:55pm

          organized religion, what a zany bunch

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            nomanousHamilton Nolan
            9/20/13 6:04pm

            ah, but the modern politician has figured it out as well. "there will be another terrorist attack somewhere in the world (eventually)."

            as computer power and population modelling becomes more advanced, amazing prediction algorithms such as these become more common. Our gilded age.

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