This is why I love recessions

Discussion in 'Trading' started by michaelscott, Mar 16, 2007.

  1. duard

    duard

    Are you sure. Dollars may strengthen from here. Rate cuts are pie in the sky.
     
    #11     Mar 16, 2007
  2. actually schiller coined the phrase 'irrational exuberance'
     
    #12     Mar 16, 2007
  3. I'm guessing that you are a normal dude with a normal brain.

    So let me guess. You must be up more than 20 times by now...yes?
     
    #13     Mar 16, 2007
  4. Ah, you are absolutely correct, sir.

    Greenspan 'borrowed' it in his testimony before Congress.

    Thank you.
     
    #14     Mar 16, 2007
  5. It sounds like there are a lot of "bottom pickers" around.
     
    #15     Mar 16, 2007
  6. anytime brother:))

    --m
     
    #16     Mar 16, 2007
  7. I may have been exaggerating to make a point. You know, artistic license...

    But think of it this way - Apple Computer went from $8 to nearly $100 (a month ago), and Phelps-Dodge went from under $10 to $130+ish.

    Look at how many other ten baggers there were. They were all over the place.

    My point remains: 2002-2003 was an absolutely fantastic time to go all in, because the market had tanked so badly. This is almost a historical rule of fact.

    I don't know if I'm a 'normal dude' with a 'normal brain.'

    I did once win a creative writing award in the 5th grade.
     
    #17     Mar 16, 2007
  8. hajimow

    hajimow

    Market experts predicted all 20 recessions out of 4 recessions.
     
    #18     Mar 16, 2007
  9. S2007S

    S2007S


    I thought it was 9 out of the last 5!!!
     
    #19     Mar 16, 2007
  10. S2007S

    S2007S

    Corporate profits will slow into the single digits, its expected after how many straight quarters of double digit growth...........
     
    #20     Mar 16, 2007