Beginning of the last leg down to bottom?

Quote from newguy05:

Does anyone feel like we are at the beginning of the last leg down to a market bottom?

1) The subprime writedowns cant deteriorate any further.
2) Same goes for housing.
3) Oil is through the roof, cant be sustained at this price level long term.
4) Leh and ubs seem to be the catalyst for the start of the last leg down on this bear market

Yes i am pretty bored right now :p
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Is this Bear Market fantasy based on some Technical data or your imagination running wild today?

We never had a BEAR MARKET and we never had a recession.

Show me a single quarter of negative GDP since 2001 in the US.
 
Quote from Warrior4g:

housing slump caused a recession,banks are tightening standards,gas is 4 dollars a gallon and food is through the roof. this will weigh on stocks for a while. the next shoe to drop are construction loans as an article i just read states.
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Do you ever give up your pastime of pessimism? This has become a national fad and obsession.
 
Quote from bahdabing:

Second round of a.r.m.s. now coming due.

Consumers have just started feeling the affects of charging groceries and gas to their credit cards because their home/atm machines are gone .

IEA and over 60 world wide experts are warning of an acute global shortage of oil and that we've entered an irreversible energy crisis that is totally unknown .

If oil declines it will be because of economic decline/collapse.

China's industrial development is saying that it plans on sourcing coal for continued development over oil.


and I'm an optimist!!
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Do you know that 325 basis points of Fed Rate cuts are flooding the economy with so much cash and growth that there will never be a recession for another 2-3 years to come. Those rate cuts were massive and they take time to get absorbed in the economy. Just wait and see the results-- our doom and gloom club members
 
Quote from HedgefundTrader2:

Is this Bear Market fantasy based on some Technical data or your imagination running wild today?

We never had a BEAR MARKET and we never had a recession.

Show me a single quarter of negative GDP since 2001 in the US.
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You fucking idiot..
Do you believe that inflation is running at 3% per year?

The private numbers are 4 or 5 times that...

There's your negative growth...

Politically, it serves your gooberment well to lie to you...
 
Money is flooding the streets, you need a boat and an oar to paddle through it all. Donot believe all the doom and gloom, its all in your head from too much PCP.
 
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