pysch!!!! not quite pyscho!!! I'm here...i'm ambivalent to the future...day7793 sucks.... he's queer! your awful! my parents friends think you are weird! you've never had a girlfriend!?!? sorrty ETC....ETC...
Are you a professional insult taker? You cling to threads and constantly wish people insult you? Does that helps you?
Here is ane example of constant whining and pessimism as posted on an artcle on yahoo on 2/6/2008 "That always tends to attract some believers, bargain-hunters, bottom fishers," said Hugh Johnson, chief investment officer of Johnson Illington Advisors" AND HERE IS THE WHINE------>>>>> "But the attempt to rebound was proving difficult for Wall Street. "I don't see anything in the markets that says there's any newfound optimism," Johnson said. "We're kind of trying to create a silk purse out of a sow's ear here. The earnings are lousy, the economic numbers are lousy" To this idiot everything is bad? Right? Wrong. Feds have cut rates by 1.25 and he cannot appreciates that, unemployment is at 4.80, today the jobless claims came lower on 2/6/2008 by 22,000 and frankly there isn no empirical evidence of a recession yet. The GDP still growing. But this pessimist toad is WHINING like a sissy in girlie panties about pee on the floor and specially on these artcles and taking you down with him in his illness.
Your whining is just as bad for the bull case. Both sides who whine are annoying. Id rather stay neutral and make money, but thats just me
Yeah...I don't know what else to add. Maybe we are in recession and maybe something bad happened with houses and home loans. I don't know..the numbers are too much to crunch. (Ha ha...that sounds like Crunch 'N Munch...I like cereal.) We are ET'ers (not all from UFO's...haha) We are probably a very big part in the Wall St. We can all just close our eyes to the suicidal market and keep clicking buy-buy-buy. We will get over this someday so why not just make that day today? If we BUY-BUY - we can say BYE BYE to this mean bear that's chomping down on us right now. PS. I hope this didn't come across as racist.
How am I whining? Am I stating things are bad when they are not? I have been stating give up this dooozy pessimism and get back to life and not end up in a deep ditch.
Starting multiple threads telling people to stop whining about the economy is in its own way...whining. You are pushing your view point (many times) on everyone here and lashing out at people when they dont agree with you. Traders just trade, up down, sideways...whatever! This is what I have been trying to tell you, we dont care if its up or down. My job is not dependent on the mkts going up, my job is to profit from whatever is going on on a daily basis. I am not wishing for a crash or collapse just that prices continue to move and I make money. Price action is down right now, rate cuts havent done that much and this is a telling sign. But if we head back up, you better believe I will jump on board. I have opinions about people who have such strong opinions, and that is I think its crap. If you are a trader, short term to daytrader like most of us are here, then there is no need for a strong opinion. Just apply your methods to the market and let things play out as your style dictates.
Housing is in recession. I agree fully. Economy is slowed down but not in recession. The fact is accept what you have and move on... take it as it comes. Whats the worst that can happen? So far nothing has happened so drastic. But the FEAR of things happening bad are what causes so much anxiety and follows up with depression. At the end of the day, you are still there in the same world are you not? But you put yourself through this misery didn't you? Real Estate is cyclical in nature, I have been through this 2 times and it always comes back roaring like Lion. Prices of houses double and triple, and than it goes back in the same downward spiral for few years. If you bought a home ( which you should) you will lock in a value which will double with appreciation sooner or later.
I have my prerogatives and you have yours. If you do not like what I have to say, don't bother reading , move on. No one is inviting you here ? Quite frankly I would like you not to bother me without silly rants and whacky outbursts. You are day scalper..people who chase breakouts rainbows and technical breakdowns for nickle and dimes . I am a long term investor and an Option strategist. Big difference. We make money the old fashioned way. Honestly and without lies and fabrications.