NO recession : But you cried rivers

Quote from Maverickz:

Odds are always on your side when you know which direction the market is moving....and can play both sides.
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I don't have to trade everyday like a day scalper. I trade markets when they meet my criteria. My trades are not forced upon me, they occur naturally with the best odds at the time of my choosing and at my command. I never risk myself for the sake of making mortgage money.

Yes we can trade both sides of the markets. Sometimes positions are taken on both sides simultaneously, and profits picked when stocks fluctutate on either side.
 
Quote from musclemoney:

I'm at a loss here...:confused:
:D :D
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You should be at a loss.

You are a Pavlov dog, habitually addicted to scalping day trades. You work like a factory hand managing screen dots and picking up pennies for a living. You have to toss your fate in the winds to make ends meet and you go home all cash and a little bottle of JIM BEAM..
 
Yep day is right, The best hedge funds out there sit in cash ALL THE TIME, they just collect their 2 and 20, and never trade at all...And then I wake up. Day you are a truly pathetic, lonely, and very confused. The right meds may get you sto stop posting here, right now you just like to be soundly thrashed (and noticed).
 
You need some extensive therapy.


Quote from HedgefundTrader2:

This year has been marred by the cowards. Chart destructive doom and gloom mentally disturbed low lives who have cried rivers about a recession. Those fears have a ceasless stream of emotional sag in the trading world. They have been crying rivers about how the sky is falling, how bad things are and how we will never come out of it. Real estate according to these brainless amoebas will never come back to life and all will end before they can rise tomorrow.

However EMPIRICAL DATA points to a different reality. Not only we never had a single quarter of negative GDP growth since 2001 , the recent quarter was revised today from 0.6 to 0.9 % growth to bolster our long standing theory that there is not going to be a recession in a election year in the US. This also ups a growth from 0.6 % GDP in last quarter of 2007 to a healthy growth of 0.3 % in the first quarter of 2008, and God willing we should be seeing some spectacular results at the end of second quarter when the time comes.

Top it all WARREN BUFFET & ALAN GREENSPAN harked weak American traders into submission with their nonstop harangues and lies. Just think about it how institutional traders take your money and horde stocks when you panic in emotional turmoil. They knew better what we know now here today in black and white.


Shorts shall burn in hell as this is a bull market that wil sap your account values. We are going higher and take out 200 day averages in a hurry.

Here is the market analysis from S&P Market scope read it and die.

"First-quarter real gross domestic product growth was revised to 0.9% from the 0.6% reported preliminarily, in line with market consensus. The upward revision was concentrated in foreign trade, where both exports and imports were revised lower, but exports less than imports. Trade contributed 0.8 percentage point to growth. Inventories were revised downward, contributing only 0.2 percentage point, down from 0.8 in the advance.

Business fixed investment was also revised upward, to negative 0.2% from negative 2.5% in the advance. Consumer spending, the largest component in the GDP data, was unrevised at 1.0%. Overall, the data are in line with expectations.

The upward revision to growth and especially to final sales (to 3.4% from 2.4%) show more momentum in the economy, suggesting that second-quarter GDP could also come in positive, according to S&P Economics.

â Overall, the GDP report had a slightly healthier mix of growth, with more strength coming from final sales and less from inventory investment,â ? wrote Lehman Brothers economist Zach Pandl in a note Thursday. â With Q2 GDP now tracking well above zero (0.9% by our estimate), the report will likely intensify debate over whether the economy actually slid into recession in the first half of the year.â ?

Federal Reserve chairman Ben Bernanke said in a speech Thursday that the Fed's liquidity injections have helped stabilize the financial system, but markets are still far from normal. . On Friday, the market will receive reports on U.S. personal consumption expenditures for April, and the May Chicago PMI and Michigan Consumer Confidence surveys"
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too funny.....this nutjob can't tell a bear market from a bull market....
he sounds desperately long and losing big $$$$....that's the likely reason for the loony tunes....



Quote from PAPA ROACH:

He for one is the fooled 80%, like the inflation the US gub puts out is real.

I say, I say, I say that boy is as sharp as a bowling ball!

Foghorn_Leghorn.png
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Quote from HedgefundTrader2:

"I am 100% cash and sitting on it."

"I never risk myself for the sake of making mortgage money."


So you're 100% cash and that isn't enough to buy a house? Shit -that really sucks. I feel sorry for you.
 
Quote from frank grimes:

Yep day is right, The best hedge funds out there sit in cash ALL THE TIME, they just collect their 2 and 20, and never trade at all...And then I wake up. Day you are a truly pathetic, lonely, and very confused. The right meds may get you sto stop posting here, right now you just like to be soundly thrashed (and noticed).
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Loser.
 
Here is the latest about recession from INVESTORS BUSINESS DAILY. This is an excerpt posted to illustrate the state of economy. Read it twice and grind the facts and dispel your fears and anxieties. Focus on empirical evidence, not how you " feel".




Ronald Reagan once said, facts are stubborn things.

The fact is that real GDP, viewed on a year-over-year basis, increased 2.5% in this year’s first quarter — the same as in last year’s fourth. (Year-over-year comparisons, not quarter-to-quarter, are most telling.) Thanks to the weaker dollar, the U.S. factory sector — excluding automakers — isn’t doing too badly either. Believe it or not, we’re in the middle of an export boom, with double-digit gains posted the last 16 months in a row. Last week’s revision of first-quarter (month-to-month) GDP growth to 0.9% from 0.6% was due almost entirely to trade. And despite the slowdown in the overall economy, industrial output is still up 1.3% so far this year — not a sign of disaster. As for jobs, it’s true that, since the start of the year, some 220,000 nonfarm positions have been shed. But even that is moderating. In April, analysts expected nearly 80,000 jobs would be lost; the reality was a far-smaller 20,000. And year over year, the number of jobs is still rising. This is key, since we’ve never had a recession in which jobs kept growing.
Yes, unemployment at 5% is up a little more than half a percentage point from its cyclical low. But it’s also below the 5.4% average for the last 20 years. In any other year, this would be called dangerously low. And though weak, aggregate hours worked, another key indicator, are also still on the rise.
Even some of the most troubled parts of the economy show signs of bottoming. New-home sales surprised everyone by rising last month (though they’re still off sharply from a year ago). Core inflation remains a tame 2%.
And real disposable personal income — what you keep after taxes — is growing at a 1.6% rate. As for the stock market, it still looks like it bottomed two months ago.
In short, while a recession is still possible, it hasn’t happened yet — and every day that passes makes it less likely, not more.

Don’t get us wrong, the current gloom is not without reason. But it’s just that: gloom, not reality.

Fact is, we’re still in an expansion, albeit a weak one. And with last year’s Fed rate cuts about to kick in and continued stimulus from President Bush’s tax rebate and cuts, we could see a surprisingly strong economy later this year.

Just don’t say we didn’t tell you.
 
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