Comments on: Market Update: July 23, 2007 http://www.consumerismcommentary.com/2007/07/23/2452/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Paul http://www.consumerismcommentary.com/2007/07/23/2452/#comment-117460 Paul Tue, 24 Jul 2007 20:59:39 +0000 http://www.consumerismcommentary.com/2007/07/23/2452/#comment-117460 While there might be some merit to his arguments, you have to realize that Bill Fleckenstein has been predicting doom & gloom for the stock market for years. I stopped reading his columns because they all began to sound alike: "We're due for a big crash, everyone else is ignoring the signs, I'm the only one smart enough to see it coming, etc." He's started to sound to me like the boy who cried wolf too often. While there might be some merit to his arguments, you have to realize that Bill Fleckenstein has been predicting doom & gloom for the stock market for years. I stopped reading his columns because they all began to sound alike: “We’re due for a big crash, everyone else is ignoring the signs, I’m the only one smart enough to see it coming, etc.”

He’s started to sound to me like the boy who cried wolf too often.

]]> By: Brian http://www.consumerismcommentary.com/2007/07/23/2452/#comment-117404 Brian Tue, 24 Jul 2007 02:01:39 +0000 http://www.consumerismcommentary.com/2007/07/23/2452/#comment-117404 I'm not a market guru, but I agree with Bill that the fundamentals underlying a bull market of this magnitude are missing. Some market signals show that we may be entering, or close to entering, a recession, yet the market continues to set records. Only time will tell... I’m not a market guru, but I agree with Bill that the fundamentals underlying a bull market of this magnitude are missing. Some market signals show that we may be entering, or close to entering, a recession, yet the market continues to set records.

Only time will tell…

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