Anyone tired of this market?

midlifeguy · Jan 23, 2008

It is just so bleak. I am deeply worried the economy is completely shot. Seriously, what is going to make it come back? Job growth? Forget it. Housing? Forget it.
Income growth? Doubful.

A full blown depression could happen. I think the Treasuries at bare bones yields are telling you just how bad things are. The number of layoffs in the higher paying jobs is staggering. Also, the numbers do not include all the 40-60 year olds you see hanging out at Starbucks with their laptops watching the stock market go to hell every day.

Bush has ruined us.

opm8 · Jan 23, 2008

Quote from midlifeguy:

Anyone tired of this market?

No, only you.

What is tiring, is doom-and-gloomers whining because the market corrected a tiny bit for the past couple of weeks. It can't go up all the time, you know.

opm8

MandelbrotSet · Jan 23, 2008

Quote from midlifeguy:

It is just so bleak. I am deeply worried the economy is completely shot. Seriously, what is going to make it come back? Job growth? Forget it. Housing? Forget it.
Income growth? Doubful.

A full blown depression could happen. I think the Treasuries at bare bones yields are telling you just how bad things are. The number of layoffs in the higher paying jobs is staggering. Also, the numbers do not include all the 40-60 year olds you see hanging out at Starbucks with their laptops watching the stock market go to hell every day.

Bush has ruined us.

I'm sorry, but ... this market is like manna from heaven.

The gummint just might be trying to ruin the American economy (it certainly seems that way), but they sure-as-shit won't be taking any of us traders with them.

This is the beauty of this career, you have the chance to be the CAPTAIN ... don't let the opportunity slip through.

makloda · Jan 23, 2008

Quote from midlifeguy:
It is just so bleak. I am deeply worried the economy is completely shot. Seriously, what is going to make it come back? Job growth? Forget it. Housing? Forget it.
Income growth? Doubful.

A full blown depression could happen.

Go read readlines of 1960, 1974, 1987, 1990, 1995, 1998, 2002. They sound exactly the same.

maxpi · Jan 23, 2008

Quote from makloda:

Go read readlines of 1960, 1974, 1987, 1990, 1995, 1998, 2002. They sound exactly the same.

They were all Bush's fault too

brownsfan019 · Jan 23, 2008

Tired of this? As a trader?

You can't be serious.

This is a trader's dream.

Now, as an investor, I'd be shitting myself about now.

eusdaiki · Jan 23, 2008

"Obviously the thing to do was to be bullish in a bull market and bearish in a bear market.
Sounds silly, doesn't it?"

Edwind LefÃ¨vre, Reminiscences of a Stock Operator; page 74.

drsteph · Jan 23, 2008

"Well, its a bear market, you know...." - The Partridge

crgarcia · Jan 23, 2008

Quote from midlifeguy:

Anyone tired of this market?

Bush and Bernanke got so tired of this market that they just pushed the Reverse button.

Quote from midlifeguy:
Also, the numbers do not include all the 40-60 year olds you see hanging out at Starbucks with their laptops watching the stock market go to hell every day.

You mean half of all posters here, at ET? (not including me).

rallymode · Jan 23, 2008

Only thing tiring about this market is that i cant pull away from the screen. Months worth of opportunity over the course of a day. Best vol since the late 90s. Stop complaining and enjoy it while it lasts.