No good reason for the selloff

[ByLoSellHi]

Quote from SCI new york:

You fuckin bears are all the same, cumming in your pants over the last 3 months and acting like the world is going to end. This small move down isn't going to last so enjoy your pathetic downward move. It's morons like you that try and prevent progress.

BWAHAHAHAHAHAHA!!!!!!!!!!!!!!


It's all your fault, S2k, all your fault that we find ourselves in the situation that we do, we have an incompetent government, corrupt and incompetent Federal Reserve, incompetent Treasury Department, and that taxpayers are being ass raped time and time again immortal!!!!

Hey bulls, the Emperor is Naked!!! Look out below!!!!

 

[drukes1234]

Stock_Trad3r, are you bankrupt yet?

 

[Kassz007]

Quote from S2007S:

HAHA NO GOOD REASON FOR THIS SELL OFF?????


You ARE LUCKY the DOW is still sitting at 7800 and the spx at 826.

These 2 indexes should down an additional 15-25% from where they are today.


You havent a clue what is going on in this economy do you, its only going to get worse. This crisis wont find a bottom for many many years. Your DOW 14k prediction probably wont happen until 2020+.

You are always so pessimistic in your posts. What will be different in 2020 that will trigger a bottom as opposed to now? Do you really believe that the economy will keep getting worse and worse until 2020? Please explain yourself.

 

[Rabbitone]

Bear Markets, that’s the nature of the beast: It tries to pull in bargain-hunting investors, only to maul them again. We just pulled back to lows of 2/5 at the start of the day.

If you want an advanced warning use an RSI(4) on the Dow. When the RSI goes above 65 then watch out below. It was at 75.05 last night. Toss ins some fear like Jim Rogers on CNBC last night, Geithner’s plan to “straighten out” the banks and you get a wild ride down.

 

[R. Raskolnikov]

He's been RIGHT, that's all that matters.

Quote from Kassz007:

(to S2007S) You are always so pessimistic in your posts. What will be different in 2020 that will trigger a bottom as opposed to now? Do you really believe that the economy will keep getting worse and worse until 2020? Please explain yourself.

 

[ByLoSellHi]

Quote from Kassz007:

You are always so pessimistic in your posts. What will be different in 2020 that will trigger a bottom as opposed to now? Do you really believe that the economy will keep getting worse and worse until 2020? Please explain yourself.

Tell us who are bearish where new jobs will come from?

It's a simple question. I'm not a permabear.

If you can show me there is a real and sustainable source of job creation coming, with decent jobs, that will give people the means to pay their debt off, become credit worthy, and spend money so that money circulates in the economy again, prompting more business expansion, I'll become the biggest bull on ET.

?

 

[Kassz007]

Quote from R. Raskolnikov:

He's been RIGHT, that's all that matters.

Actually we won't know if he's right until 2020...

I'm not arguing his point because I don't pretend to know when the bottom will be. I simply would like to know the logic behind his 2020+ bottom call. And please don't state incredibly vague and generalized answers such as "corrupt government", "incompetent fed" etc. etc.

 

[R. Raskolnikov]

My point was he's been bearish for a long time here and, well, he's been right.

The 2020 call I was not aware of so I apologize

Quote from Kassz007:

Actually we won't know if he's right until 2020...

I'm not arguing his point because I don't pretend to know when the bottom will be. I simply would like to know the logic behind his 2020+ bottom call. And please don't state incredibly vague and generalized answers such as "corrupt government", "incompetent fed" etc. etc.

 

[swtrader]

Quote from stock_trad3r:

markets should be green

this selloff makes no sense. idiots keep selling. The fudamentals of the US economy are sound.

nothing changed at all regarding the economy, except for financial and retail sectors.

Those two sectors drag down everything.

No shit the 2nd tarp i the same as the first. What else did ppl expect?

These liquidity injections are working. Stimulus works. Bailouts work.

here's my theory about your confusion

you're a retard

 

[Kassz007]

Quote from R. Raskolnikov:

My point was he's been bearish for a long time here and, well, he's been right.

The 2020 call I was not aware of so I apologize

The question is, was he bullish when the market was going up? If so, then I will be impressed with his savvy. If he was bearish in the "good times" as well, then I would probably just consider him a permabear who is inevitably correct in his market call during terrible times like this.

I am just bewildered as to how someone can predict where the market will be in 10 years let alone call a long term bottom 10 years into the future...