Car dealers won't trade-in your SUV anymore

Discussion in 'Economics' started by turkeyneck, Apr 28, 2008.

  1. Eddiefl

    Eddiefl


    My sentiment exactly.. first person in here i have seen repeat it.


    Take these examples.

    1. all time highs, making headlines, dominating the news.
    2. its different this time.
    3. prices will never go down
    4. fundamental and macro analyses says it will continue going higher for years.
    5. everybody will us it.

    Could that be used for the .com bubble as well as this energy bubble


    I am waiting for the research paper that says our supplies have grown or consumption was over estimated, by then it will already have shown in the charts for a while.

    I think this commodity and oil run does have fundamental reasons to be bullish, (China and India), but valuations will return to lower levels..

    ala internet stocks, they should be at all time highs and the Nasdaq should be much higher than the Spring of 2001,, right??/ arent more people buying computers now,?? arent more people on the internet, more consumption on the web etc. ? Isnt there more B2b on the web now than 2001??


    EF
     
    #21     May 2, 2008
  2. gnome

    gnome

    Yeah, when the ice age comes as a result of global warming induced by CO2 from auto emissions, we'll ALL be "going South".
     
    #22     May 2, 2008