I dont care about the data or the recession, its you who is chased by this imaginary monster. Your own demons of fear and guilt and paranoia have taken the best out of you. You are like a mouse whimpering in a hole when he heard the Lions roar. Curl up take a swing from your Jim Beam and die in that puke tonight so we dont have to respond to your insecurities again.
I am not a day scalper working EMINis and a 100% screen jockey like you. I earn money good old fashioned way and much more than you do. I am also not a loser renting a 400 sq ft cage in a dilapidated building and washing my clothes with other losers at a public laundromat.
And since you're making so much money, why do you start all these threads about the market going up? Why do YOU NEED the market to go up? Is it perhaps related to the fact that you're in the mortgage business and can't sell anything right now? Are you gonna answer those questions or come up with the same drivel, mr. intellectual?
Let me guess, Ladies shoe salesman at JC Penny? Burger flipper at Krystal's? (I love those things) Landscaper? That it a landscaper. You'll need a new alias though. May I suggest HedgeRowTrimmerDeux?
Here is the recession in hard cold FACTS. 186 out of 200 Industries in the red. *note the percentage changes http://www.prophet.net/explore/sectorrankings.jsp Seems to me OP that your the one with your head in the sand. Recessions are good , embrace them and profit from them and then I will call you smart !
if GE's earnings don't convince you that there is a recession,you need to get a new occupation and save your clients from more pain.
I am certain we are in a recession, and not even close to the end of it. While they are precise economic terms describing what recession is, in the last month or so for the very first time I have noticed a lot of for sale sign on cars in the middle class neighborhood I live in. One of the things that happen in recessionary times is that beside the people who spend less because they are in pinch even people who have money are reluctant to spend it and save more. In other words some people actually have more money then pre-recession. Unnecessary things get cut first, $300 hubcaps, $2.75 cups of coffee and $1.50 gulps of water and necessities later. Isn't it great that trading is one of the true recession proof endeavors?
Are you stock_trd3r, because you sound just like him and seem to be making about as many fans as he has on ET.