82 style rally?

I only knew one man who traded stocks back then and when I asked him about it, I remember him saying, "Don't listen to Louis Rukeyser.:D
 
Quote from noob_trad3r:

The whole thing reminds me of it. The big M&A Spree, double digit unemployment.

Lots of Capital being used for speculation. It was during the 80s when we began our big hollowing out of US industry which lead to the big bull run.

Maybe this is the second leg. Anyhow just ride it. My short puts expire in 26 days.

Anyhow the more foreclosures and lower home sales growth is good. It means less people will be house poor and not saddled with big 2-3 grand mortgage payments to banks. and will have quite a bit of cash left over for spending.
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I was glad to hear you didn't have the ass-cancer, but a brain-scan would be prudent. Brown shoes, blue suit.
 
Quote from KINGOFSHORTS:

Obama Reassured the markets and now its rallying upwards.
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Name any other time in history that a president is going to get in front of millions of people and NOT reassure them that everything is fine.

Just like bubble ben bernanke a few years back saying sub prime mortgages were contained and that the economy was headed for a soft landing, its a bunch of worthless lies, thats all it is. All they know how to do is lie.
 
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