More irrational exuberance from our club members....stay tuned. They have been proclaiming the same for the last 3 months, yet we are still here and I see a recession and a sputtering economy striking our throats open.
You donot need a recession to slit your throats, you already slit yours. Keep bleeding and keep going down and finish off in the basement.
You do not need economic growth to slit your throat...you already slit yours...Keep bleeding and keep going down and finish off in the basement... Un Huh...
Parrots and stupid clowns engage in such activities. You sound like a talking parrort at the pet shop for sale at $199.99., Comes with a cerificate of profanities it can eject.
Quotes from HedgeParrotPaperTrader2: "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." "The only rag doll there will be floating in the puke is yourself after battling the Feds and swimming against the currents. " "They make few bucks just enough to buy Jim Beam and roll in their pukes on a Saturday night. " "Occasional they get a red lipstick hooker and she also rolls with them in their combined puke orgy." "Make sure you pick up red lipsticked whores and have them puke in your lap.. enjoy your evening.." "Declare your " own recessions" and roll in the puke. Isn't that whats going on for the last 3 months? "
HFT2, I joined this forum just to clear things for you. I know you had been bullish and you are a patriot and there is nothing wrong with that, but don't meddle with the sentiments of the people because it is not doing you good. I'm posting this for your request for a rebuttal so please don't be rude on me even when I try to debunk your case. 1) You said that there is a positive GDP for the past quarters so there is no recesssion. My country has been showing a GDP of 6% every quarter of 07 and still the country feels no growth. you know why? Because GDP is not a good indicator of the economy. It measures the means of income of everybody and most of the time OUTLIERS exist. A country could have a positive GDP just because one person or company has doubled his income while many are still jobless. Try reading THE CONFESSIONS OF AN ECONOMIC HITMAN so you would understand more. 2) Economies are not just simply made by few people. It is the Society within the Economy dictates where the economy is going. Sentiments brings drastic downfalls or graces to economy. If the people want to spend and spend, the economy grows. If the people becomes afraid because they are already losing money, recession occurs. Refer to KEYNES' study for you to understand it better. I hope you are now clarifies why the market is going down and next time before you look at economic data, go deeper on what it is trying to say
Wow. this forum is named Elite trader and the welcome I get is pretty rude. More like of a Elite Flamers has what this board became.