Ah the old over night ramp lives on......Never a down day in the land of perfect...where stocks only rise and never fall to far.
10 years later,
Rickshaw will be saying the same thing about sessions highs.
S2007 will say if FOMC raises rates, markets will already crashed.
NineEnder will say, STFU, markets have not crashed. FOMC could have should have.
Your post here is the useless dribble; you seem upset with the world again. The most likely result is you are dead wrong on pretty much everything you posted, just like you were in summer and fall 2009. But let's have some fun with this. Exactly what is this "heavy recession" you are saying is a certainty. Define it in terms of reduction in GDP and for what time duration.
In all honesty, I've never understood why S2007S attracts this much derision...The guy posts a ton of sarcastic remarks, but I never get the sense that he is "tilting at windmills"...I find it to be quite the opposite...The likes on Nine_Ender who ONLY posts in response to S2007S, and almost always at some market inflection point...The guy literally stalks him.
I just want the fed to stop playing games....show me a real economy with true organic growth...we all know that's impossible since the fed controls the markets...you do realize that if trillions of dollars didn't pour into this market over the last 7 years that GDP growth would be most likely negative 2-3% year over year ...probably even worse...the only reason why the markets are still in party mode since 2009 is because of Central banks. If they didn't come in and prop everything up my predictions would have been real..but in these new economies there is no such thing as recessions. Little do they know that recessions are actually healthy and necessary in economic cycles, but they will keep on pumping up the economy to keep avoiding whats eventually going to happen anyway and that's just another crisis in due time...the fed and central banks are creating the next crisis...just give it time...the party is still 7 years strong...just keep in mind parties always end on wallstreet and this one will end just like the rest of them...