Hahaha...that must describe you to a tee! Someone who has the time to post 8 or 9 times a day on here, posting the same drivel over and over...and WRONG I might add... Yeah, stocks might make new record highs by the end of the year...I said it...it's a possibility... But in the meantime, you are getting smoked and you are in denial about it...
Recessions are not measured by how you " Feel" and what you see around yourself. That's your world and its not the Universal truth. Two negative quarters of economic growth GDP are needed to called it a recession. How you feel has no relevance in the greater scheme of things, its an emotional response. There is a good reason why this standard definition was chosen by economists, so that people do not create their " own recessions " and declare them. This way you are going to and you can declare your" own recession" and start feeling bad. If thats not enough just go listen to horrific talks and articles predicting the end of the world. This is going on for the last 3 months and we are still here, stuffing our bellies with Lattes from Starbucks, listening to IPODS, wearing latest Nike shoes and watching television on flat screen TVs.. is that what you call recession in America?
Wrong with what? You can't prove that we are in a recession in 300 posts! Is that weak and inconclusive? I have to deal with people's psychiatric conditions to answer these posts. You are a complete intellectual failure.
Old fashioned way? Please give us your wisdom and show us the light. LMFAO. Why continue to post when you have no creditability here? If you want respect, why don't you post a few live calls, here and there? Even if you were wrong a few times, you still would gain a little more respect. You're a fund trader right? Where do you get your news, just curious.
One minute he's JUST an options trader and long term investor, the next minute he is scalping AAPL and BIDU and then the next minute after that he is ridiculing scalpers and daytraders and "screen jockeys". With that many inconsistencies in his posts, can we believe anything he says?
Another irrelevant and irrational conclusion. Is that how you measure recessions? Just how you feel? I have nothing to do with stock trader 3.
Wow, are you ever dim... You have been touting the need to 'think positively' in order to will the markets higher, but in like mind, one can't possibly 'feel' a recession. Why can't it work the other way around? Your logic is obtuse beyone all belief... Economists definition of recession differs. How can economic giants like Faber, Rogers, Schiff say that we are in recession when HedgefundPaperTrader and his economic definition of a recession has not yet been fulfilled? And these people make SOOO much more money than you, and are consistently correct about the markets, UNLIKE you... I have never bought an apple product, I brew my own coffee, but I DO wear Nike's ($49 a pair)...What you don't understand is that in the 70's there were cassette tapes and stereos and new cars and technologies and products as never had been seen. Same in the 30's... Only the truly foreward thinker can see recessions before they are reported by your favorite economic reporter...and he can profit tremendously if correct... Was there a recession in July 2001? Nope. Would you have been well profitable had you been short for a year already? YUP...
We / I trade in many ways depending on the day. Not your avearge scalper, but I know how to daytrade if it needs be.