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I saw a chart the other day of housing trends (can't find the link unfortunately). There were some big dips in the Great Depression obviously and another large dip in I think the 60s or 70s. The point is, too many people have their head in the clouds. The housing bubble will correct at some...

I agree that a K.I.S.S. method is best. But one must be able to filter through a lot of information out there first and suit a system to their psychology, goals, and lifestyle. They also need to be disciplined and stick to an idea. An idea that works is hard to come about, since trading is...

Looking for reassurance?

It's hard to find an analyst now with a bullish view. I remember just after the correction there were plenty shouting "it's nothing to worry about, the bullmarket will continue." I even got an email from some report saying the Dow will reach 40,000 over the next few years. Now everyone is...

Have they ever stepped in?

Effectively, reduce position size?

A recession is coming no matter what happens. Anyone who thinks otherwise is in denial.

What analysis do you use?

So where are all the bulls? Up seems to be the mood in this thread.

Anyone know what time it's announced?

I thought this stuff was general knowledge, and I don't even live in the US.

My thoughts are the same, BNT. "I cannot help but raise a dissenting voice to statements that we are living in a fool's paradise, and that prosperity in this country must necessarily diminish and recede in the near future." - E. H. H. Simmons, President, New York Stock Exchange, January 12...

Let's hope everyone heeds the commentary and sells. All my open positions are short. :eek: Asian markets are up but little volume.

Hopefully not.

Market will start to tank today. The bull had its last breath on Friday.

I wiped out 75% over a few weeks, after making a few big profits in the few weeks before. Good lesson.