http://www.creditwritedowns.com/2009/02/john-paulson-distressed-assets-best-opportunity-in-a-lifetime.html Sat, 21 Nov 2009 08:48:41 -0700 http://wordpress.org/?v=2.8.6 hourly 1 http://www.creditwritedowns.com/2009/02/john-paulson-distressed-assets-best-opportunity-in-a-lifetime.html/comment-page-1#comment-4110 Stevie b. Thu, 26 Feb 2009 07:18:30 +0000 http://www.creditwritedowns.com/?p=6440#comment-4110 Ed - he's right. Despite lousy-looking technicals, it's now just too late and too uncomfortable being a bear - I should know - I've been bearish since 1997! There can't be more than a handful of people left on the planet who don't know how rotten things are and how even more rotten things are going to get. It's already priced-in. There must indeed be more mileage having a bullish bias from here, gradually easing into attractive situations." Ed – he’s right. Despite lousy-looking technicals, it’s now just too late and too uncomfortable being a bear – I should know – I’ve been bearish since 1997! There can’t be more than a handful of people left on the planet who don’t know how rotten things are and how even more rotten things are going to get. It’s already priced-in. There must indeed be more mileage having a bullish bias from here, gradually easing into attractive situations.”

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