Easily manipulated, no! His personal opinion, yes but not mine! Smart guy, maybe.

Ok, so now that this budget didn't raise the capital gains tax rate, but by selling, Mr. Guilfoyle has now realized maybe something like a $90,000 tax liability. Granted he made a very nice capital gain but maybe he was just lucky to have invested when the market had sold off by about 40% in 2008. When is he going to get back into this market? Is he going to wait until this market sells off by 40% again? I'll admit that he is a very smart investor if he does. But I doubt that trying to invest like this, is a good investment strategy..

Again 

Determine an asset mix that you are comfortable with, buy good quality securities, diversity, and hold for the longer term. Marginally trim or add to, from time to time. That is the strategy for long term investment success