Discussion in 'Wall St. News' started by ASusilovic, Nov 30, 2010.
Reguardless of anything N. Roubini has to be respected because he stands his ground. As far as the sentiment indicator there seems to be some convergence on the last segment of the chart. That would place the market momentum on the the bullishside. The market absorbed the last geopolitcal issue quite quickly. Earnings that are released should carry the trend for the remainder of the fiscal year.
auno who roubini is but hes a damn good contrarian indicator
Roubini from oct. 29, 2010:
Kettle, meet Pot.
He should stick to economics and not predict the stock market.
Will the market collapse again, im sure it will but every time he speaks people laugh at him, who knows what will become of this economy and market in the next 2-3 years but there will be another crisis that will be even worse than the one were in now.
imo-at those levels of market and economy interventions by the FED the "normal" logic (which Roubini is trying to appy) will not work
You mean if one sticks to the same side long enough he will eventually be right???
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