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January 4, 2008 at 9:14 PM #11408January 4, 2008 at 9:17 PM #129606CoronitaParticipant
I'm waiting for folks like stockstradr post about how smart they are and how much they made today, yet still complain about housing affordability π
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
January 4, 2008 at 9:17 PM #129776CoronitaParticipantI'm waiting for folks like stockstradr post about how smart they are and how much they made today, yet still complain about housing affordability π
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
January 4, 2008 at 9:17 PM #129782CoronitaParticipantI'm waiting for folks like stockstradr post about how smart they are and how much they made today, yet still complain about housing affordability π
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
January 4, 2008 at 9:17 PM #129850CoronitaParticipantI'm waiting for folks like stockstradr post about how smart they are and how much they made today, yet still complain about housing affordability π
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
January 4, 2008 at 9:17 PM #129881CoronitaParticipantI'm waiting for folks like stockstradr post about how smart they are and how much they made today, yet still complain about housing affordability π
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
January 4, 2008 at 10:50 PM #129697bubba99ParticipantWe have seen these types of declines before, and the next week the market jumps back up. As the FED announces a 1/2% cut in the discount rate next week, we will probably see another 200 plus day.
If you believe the un-employment numbers (i dont) then things are not that bad. Five percent un-employment is great, and 6 or 7 percent is still O.K. If you believe the inflation numbers (i dont) we are still under 3% and in great territory. With the talking heads saying that manufacturing is not as important any more because we import a lot of finished goods, many will still believe that things are fine. Remember that with real inflation at about 10%, and official inflation at 3%, you need negative 7% growth to become an official recession – negative growth in GDP
If you believe that we are not in a recession now (i don’t) then what will it take to convice most Americans that we are actually in one. I think that they will be able to keep the markets bubbled for some time to come.
January 4, 2008 at 10:50 PM #129866bubba99ParticipantWe have seen these types of declines before, and the next week the market jumps back up. As the FED announces a 1/2% cut in the discount rate next week, we will probably see another 200 plus day.
If you believe the un-employment numbers (i dont) then things are not that bad. Five percent un-employment is great, and 6 or 7 percent is still O.K. If you believe the inflation numbers (i dont) we are still under 3% and in great territory. With the talking heads saying that manufacturing is not as important any more because we import a lot of finished goods, many will still believe that things are fine. Remember that with real inflation at about 10%, and official inflation at 3%, you need negative 7% growth to become an official recession – negative growth in GDP
If you believe that we are not in a recession now (i don’t) then what will it take to convice most Americans that we are actually in one. I think that they will be able to keep the markets bubbled for some time to come.
January 4, 2008 at 10:50 PM #129872bubba99ParticipantWe have seen these types of declines before, and the next week the market jumps back up. As the FED announces a 1/2% cut in the discount rate next week, we will probably see another 200 plus day.
If you believe the un-employment numbers (i dont) then things are not that bad. Five percent un-employment is great, and 6 or 7 percent is still O.K. If you believe the inflation numbers (i dont) we are still under 3% and in great territory. With the talking heads saying that manufacturing is not as important any more because we import a lot of finished goods, many will still believe that things are fine. Remember that with real inflation at about 10%, and official inflation at 3%, you need negative 7% growth to become an official recession – negative growth in GDP
If you believe that we are not in a recession now (i don’t) then what will it take to convice most Americans that we are actually in one. I think that they will be able to keep the markets bubbled for some time to come.
January 4, 2008 at 10:50 PM #129970bubba99ParticipantWe have seen these types of declines before, and the next week the market jumps back up. As the FED announces a 1/2% cut in the discount rate next week, we will probably see another 200 plus day.
If you believe the un-employment numbers (i dont) then things are not that bad. Five percent un-employment is great, and 6 or 7 percent is still O.K. If you believe the inflation numbers (i dont) we are still under 3% and in great territory. With the talking heads saying that manufacturing is not as important any more because we import a lot of finished goods, many will still believe that things are fine. Remember that with real inflation at about 10%, and official inflation at 3%, you need negative 7% growth to become an official recession – negative growth in GDP
If you believe that we are not in a recession now (i don’t) then what will it take to convice most Americans that we are actually in one. I think that they will be able to keep the markets bubbled for some time to come.
January 4, 2008 at 10:50 PM #129940bubba99ParticipantWe have seen these types of declines before, and the next week the market jumps back up. As the FED announces a 1/2% cut in the discount rate next week, we will probably see another 200 plus day.
If you believe the un-employment numbers (i dont) then things are not that bad. Five percent un-employment is great, and 6 or 7 percent is still O.K. If you believe the inflation numbers (i dont) we are still under 3% and in great territory. With the talking heads saying that manufacturing is not as important any more because we import a lot of finished goods, many will still believe that things are fine. Remember that with real inflation at about 10%, and official inflation at 3%, you need negative 7% growth to become an official recession – negative growth in GDP
If you believe that we are not in a recession now (i don’t) then what will it take to convice most Americans that we are actually in one. I think that they will be able to keep the markets bubbled for some time to come.
January 4, 2008 at 11:48 PM #129969HereWeGoParticipantNext week will be an interesting test of negative sentiment = bottom, because I’ve never seen sentiment as negative as it was on CNBC today. Cramer, the Fast Money crew, Kudlow and Co, almost all analysts … everyone was in “end of the world” mode.
January 4, 2008 at 11:48 PM #130000HereWeGoParticipantNext week will be an interesting test of negative sentiment = bottom, because I’ve never seen sentiment as negative as it was on CNBC today. Cramer, the Fast Money crew, Kudlow and Co, almost all analysts … everyone was in “end of the world” mode.
January 4, 2008 at 11:48 PM #129902HereWeGoParticipantNext week will be an interesting test of negative sentiment = bottom, because I’ve never seen sentiment as negative as it was on CNBC today. Cramer, the Fast Money crew, Kudlow and Co, almost all analysts … everyone was in “end of the world” mode.
January 4, 2008 at 11:48 PM #129896HereWeGoParticipantNext week will be an interesting test of negative sentiment = bottom, because I’ve never seen sentiment as negative as it was on CNBC today. Cramer, the Fast Money crew, Kudlow and Co, almost all analysts … everyone was in “end of the world” mode.
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