US economy is in recession now

Discussion in 'Economics' started by kitty1996, Mar 8, 2008.

  1. Attention everyone: the US economy is in recession now, both technically & fundamentally. the DOW will be heading toward 10,000. That is the next support. Give it time, it WILL get there. All faked rallies are "dead cat bounce" and are for the big boys to short more or to bail out of their long positions. This could take years to be in a bull market again, 3 years at least~

    I'll not buy/hold anything unless the DOW is successfully testing the 10,000 and show reversal sign. Bottom fishing right now will surely catch a falling knife.