Where is the recession? Show me ?

Discussion in 'Trading' started by HedgefundTrader2, Mar 27, 2008.


  1. Has it ever occurred to your gloomy outlook that all the actions by Feds, Treasury and Congress are already taking control if there is anything as such called a recession?

    I can tell you I am getting measly returns on my cash in money market accounts and would have to put it to work in equities pretty soon, fueling more buying and higher numbers on DOW and SPX. Those chart tearing days are gone, but they may come back so I am hedged.

    Where is your sense of balance and healthy mind set?
     
    #211     Apr 5, 2008
  2. where is YOUR balance and healthy mindset. You are all the way over to one side and arent seeing things for what they are.

    You are in need of a mindset adjustment.

     
    #212     Apr 5, 2008



  3. Where is your recession? Show me a single negative quarter of economic growth in the US since 2002?

    After 200 posts in this thread no one can prove that we are in a recession? That is very poor..very weak.
     
    #213     Apr 5, 2008

  4. I am sure next thing you will do is short and tear up charts in your hissy fit of hopelessness and anger. That is what happened in last 3 months, punishing your own country's well being and wealth. Good job morons!
     
    #214     Apr 5, 2008
  5. Bro, there a MULTITUDE of data suggesting we are headed for a recession. You just keep wearing those blinders like the horses pulling the carriages in central park.

    Oh and that employment # yesterday was REAAAAALLLLLY bullish LMAO!!

     
    #215     Apr 5, 2008
  6. Real mature, you are nothing more than a glorified crybaby. You whine and moan when someone flings insults at you as if you are so damn mature but then you just as quickly stoop down and do the same thing.

    You are a sad sad man my friend. When the recession data does come in you are going to look like such a tool for all your ranting and raving on here :)

     
    #216     Apr 5, 2008

  7. Where is your recession? Show me a single negative quarter of GDP since 2002?

    I repeat this since you side stepped this question entirely and did not answer.
     
    #217     Apr 5, 2008
  8. Payrolls shrank by 80,000, more than forecast and the third monthly decline, the Labor Department said today in Washington. The jobless rate rose to 5.1 percent, the highest level since September 2005, from 4.8 percent.

    ``This is the final blow,'' said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ Ltd. in New York. ``It's clear the U.S. economy is in a recession. That's going to shake the confidence of investors and companies across the world and cause people to curtail spending in other countries.''
    http://www.bloomberg.com/apps/news?pid=20601068&sid=anqMggKRbpbg&refer=home

    does not mean the market can't keep going higher from here.
     
    #218     Apr 5, 2008

  9. Mr. Mind Over Matter, when you step down from your Hummer at the local Golf Club, and tip those servants there, if you care to listen to their stories, you will find the recession. If you interfaced with real people, not traders like us, pumped up on the steriods of money, you will find the recession. Not some emotional feel bad effect or otherwise, real stories, real peoples.

    The technical definition of recession is meaningless unless there are proponents who continue to suggest the technical definition is all that is required to confirm massive job losses, declining (average person, uh, middle class) wages, lost and losing homes through foreclosure, and the other factors that evidently you aren't feeling, or experiencing.

    One of my best B School professors (they're no longer teachers at that level) used to say the definition of recession is relative to one's perspective. For most persons in the US today, the (figurative) meter has hit the TILT side, and some are calling these horrid conditions as depression era conditions, way past recession.

    Bernake took that same technical definition when testifying before congress this week, and the Senators, who certainly in all their wealth are NOT FEELING anything, but their phones, consituents (who control their job status rating and election prospects) certainly are "feeling" this recession thing and demanding action.

    Most would say Bernake is in denial, as well as delusional in choosing to stand on protocol and ceremony over this issue of recognising present conditions as recession.

    I don't have the time, because I am busy handling trades, and quite appreciative that I am still in business / employed. However, I choose to identify with the little persons, and they're certainly not feeling as rosey as guys like those making comments like yours.
     
    #219     Apr 5, 2008
  10. TRAS

    TRAS

    Well if the dollar is going up and oil prices down. He is wrong about a pending recession. If the bond market is stable and not going into junk bond statis You are correct about the stable economy.
    With out above condition being under control it is down from here no matter what your fighting about>>>> Peace.

    Goldman sac was doing so well that the goverment approved a sale of the company because the financial sector is doing sooooo very well! Look at those numbers!

    :confused:
     
    #220     Apr 5, 2008