WTF is Clive Maund up to?

A week or so ago he posted this update:

"Now, however, the threat of a crash, or at least a severe drop in the broad stockmarket is no longer something lingering in the background - it is real and immediate. If it should occur the result will be devastation - our hard won gains, which in the case of a good number of recs are substantial, could evaporate within weeks or even days, and our losing trades will lose more still. The fundamentals of individual companies will count for nothing, however good, if blind panic sets in and investors set about dumping everything indiscriminately, as we witnessed last year. For this reason, it is considered prudent at this juncture to stand aside and SELL EVERYTHING. " - ENDQUOTE

I already noted his commentary and was not impressed by it. Now he comes out with this:

http://www.gold-eagle.com/edit.....10709.html

"There are some wave cranks out there talking about a collapse in gold soon, but it certainly doesn't look likely on this chart, and anyway someone has to be bearish, or the advance would stop." - ENDQUOTE

Now I think Maund is being deliberately disingenuous. If the markets do crash he will say he called. But if gold breaks out, he is going to say he called that right too. Correct me if I am wrong, but putting out an article to 'SELL EVERYTHING' is pretty clear, and then coming out a few days later when your most bearish analysis has been proven wrong to put a finer spin on it - thats just pure bullshit, and this is a guy who has done so before. I would also that Bob Moriarty pulls the same shit. Unacceptable.

If you have the stones to make a bold prediction, that is fine. But dont waffle and change your tune later on just so you can pretend you still got it right.

cheers!

mike