daily reckoning: oz banks in bad shape, page-6

Personally, I really only have time to listen to those that had forseen the chaos that has been wreaking havoc across global financial markets for the past year and a half....Dan Denning was not one of them so far as I am aware.

The vast majority of analysts and investment houses never saw this coming, and so many of the big names have lost untold billions, and have had to be bailed out by you and I, the taxpayer...now they give us their qualified opinions after the fact...wow!

I never saw this coming, but, neither did the so-called experts...I thought things would slow down around the time of the Beiing Olympics, but it came much earlier and much harder than I had suspected....where was Dan Denning then with his pearls of wisdom?? So, excuse me if I think I'll stick to my own unqualified opinions...certainly can't do any worse than these clowns.

And the only poster here that I saw accurately predict the current situation was Martis...and how many of us believed the story he was telling....he was roundly mocked, but in hindsight he was right on the money. Of course, it's much easier to predict something in hindsight, isn't it MR Denning.