sixty minutes, page-11

I didnt see the program but Steve Keene is no dummy. He, like Gerard Minack, Nouriel Roubini, Bob Shiller and Jeremy Grantham have been on the money for the past 2 years while all the idiots of the world have listened slack-jawed to muppets like Shane Oliver tell them how "the fundamentals" in Australia were so damn solid - no doubt enticing the margin loan explosion that has screwed so many retail investors.

Our fundamentals must be ROCK solid now we're 40% down in the market (and that's the blue chips)!

It's good to be the bear - as long as you have the guts to buy!