Is the worst of the recession Over?
- Thread starter monty21
- Start date
Yes.
Everything is fine.
Take out HELOCs and load up the credit cards and spend, spend, spend.
Everything is fine.
Take out HELOCs and load up the credit cards and spend, spend, spend.
go LONG ONLY
The market is waiting on you to capitulate and cover your shorts. Could you do that please? I have some puts that are under water right now and an some ICs with too much negative delta for my comfort zone.
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Smells like liquidity going down the drain. I actually got a short signal on GDX right at the close, and was told later (I don't pay much attention to the general market anymore) that the market had taken a huge dump in the final hour or two.
If gold goes down with the market in a synchronized swoon, that's generally a sign that liquidity is once again disappearing. Not a good sign, certainly.
If we make new lows, well, let's just say the first new low won't be the last. I hope everyone is ready.
If gold goes down with the market in a synchronized swoon, that's generally a sign that liquidity is once again disappearing. Not a good sign, certainly.
If we make new lows, well, let's just say the first new low won't be the last. I hope everyone is ready.
I didn't know Carter Worth was a psychic... what should I do Mr. Worth? Looks like he first was bullish and is now bearish... a win-win situation for his analytical skills.
Wherever the market goes, he can claim he was right. I ASK KINDLY FOR NO ONE TO CITE ANYTHING FROM CNBC ever again when making an argument. It's like monkey's choosing stocks and outperforming portfolio managers.
Ignore the guests of these "Fast Money" clowns who were supposedly traders... obviously failed traders if they are now on a entertainment circus show. If they were profitable on the floor why would they give up 100,000+ days (i.e. trading the S&P 500 contracts on the CME) to be on some camera discussing opinions.
Is the government bluffing w/ the stress tests?
http://www.nytimes.com/2009/04/25/business/economy/25bank.html?hp
Only the government knows the complete results, but they're hinting at a better than expected outcome. Cheer leading and preventing panic is obviously part of their agenda, but are they being overly optimistic and prolonging the recession? I can see overreaction to this "false confidence" by flocks of naive, government-trusting sheep investing their cash back into the stock market. If third-party analysts/ large hedge funds re-crunch the numbers and re-simulate the financial models, the market can fall steeply because of these false expectations... provided their results do not confirm the government's findings.
Guess we will just have to wait until there is greater transparency.
http://www.nytimes.com/2009/04/25/business/economy/25bank.html?hp
Only the government knows the complete results, but they're hinting at a better than expected outcome. Cheer leading and preventing panic is obviously part of their agenda, but are they being overly optimistic and prolonging the recession? I can see overreaction to this "false confidence" by flocks of naive, government-trusting sheep investing their cash back into the stock market. If third-party analysts/ large hedge funds re-crunch the numbers and re-simulate the financial models, the market can fall steeply because of these false expectations... provided their results do not confirm the government's findings.
Guess we will just have to wait until there is greater transparency.