The Economic Cycle

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That's crazy. Stock market's aren't anywhere near Fear.

BTW... we don't have "economic cycles" any more... only "money pump until we blow up".

 

Good Point--but the fear is just around the corner so maybe I should switch the arrow to denial?

 

absolutley in the denial phase. every headline is bad and we trade up.

 

I think we're just past Euphoria. What you say is true, but the markets show only a little Anxiety because of belief in the Fed, bailouts, stimulus, etc., to "stop the rot". I think all they hopers are wrong, but that's not what counts right now.

 

Just like 1990. Things that make you go 'hmmmmmmmmm'.

 

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here are the headlines on cnbc.com right now-

-GDP Growth Remains Unchanged at Meager 0.6% US economic growth in the fourth quarter was unrevised at an annual pace of 0.6 percent, slowed by a collapse in spending on new homes and a slump in inventories.

-Distressed Debt Levels Rise
-Mortgage Rates May Stay High
-Sprint Posts Huge Loss, Scraps Dividends
-Thornburg Mortgage Debt Hit with Margin Calls
-Freddie Mac Posts $2.5 Billion Fourth-Quarter Loss
-Sears Holding's Profit Falls 47.5% on Lower Sales
-Vale-Xstrata Hit Impasse, Derailing $90 Billion Deal
-Bevy of European Earnings Fail to Impress Investors
-Californian Suburb Vallejo Faces Bankruptcy
-Mortgage Rates Are Likely To Stay Stubbornly High
-Strike to Idle GM Pickup Plant
-Dude, Dell's Earnings Could Be A Disaster

this means we trade UP UP and away!!!