Quote from HedgefundTrader2:
Where is the recession? Show us 2 consecutive quarters of negative GDP or shut up.
Rest of it is fierce speculation from weaklings who need to migrate to Sudan or Sri Lanka who keep fighting our Federal Government in a useless struggle and keep spreading fear and nonsense every day to move markets in a downward spiral, so they can short, and scalp a nickel for themselves!
Quote from nyxtrader:
But what is the def, of a bear market and do the Math
Quote from TraderZones:
When I saw this thread, I thought trad3r started it...
Quote from EMRGLOBAL:
Hedgefund trader is fucking pain in the arse. However, he does make a good point.
Definition of a "RECESSION" is two negitive quarters. We have yet to have one.
The Financial Institutions as we know them are definitly finished.
There is going to be a huge "RECESSION" IMHO.
But we are not in one right now, by old terms and definition.
FUCK, I DOUBT THE FED EVEN KNOWS "WHAT WE ARE IN".
Look for a huge down day this week, closer to the weekend. 600 points plus.....IMHO.
Quote from stock_trad3r:
It is hilarious when the permabear crowd complain about the fed 'interfering' and printing too much money and creating inflation.
Quote from HedgefundTrader2:
Now is the time to lit up big white candles up the asses of those bear and shorts, YES?