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When the market trend challenges their beliefs, what do we hear from market "experts"?
I am not wrong; most people are just too stupid to understand what's going on.
My arguments are really good. It's only a matter of time until I'm right. (I am not wrong, just early.)
I never guaranteed that what I predicted would happen. I just said it probably would based on history.
If the Plunge Protection Team (or hedge funds or big brokers) hadn't manipulated the market, I would have been right.
I may be wrong on a lot of little things, but I'm right on the big ones.
I was wrong (thank goodness), but following my advice didn't cost that much. If I'd been right, and you didn't follow my advice, you'd be wiped out.
What I said in public may have looked wrong, but what I privately told clients was dead-on.
How could I be wrong if I'm so rich and famous?
For insight on how the best forecasters might react, see our blog entry of 4/18/06. See also Blog Synthesis: Animal Spirits Round-up.
Or, you could just look at Cartoons.
