The stock_trad3r 2007-2008 market recession

[trefoil]

You shoulda been a lawyer.
Of course technically what you say is true, but no one would think of it that way.
Anyway, my only dog in this scuffle is the contention that GDP hasn't gone down yet. In real terms, for at least one quarter, it has. In fact, it was happening in the very time period when this thread started last year, which is kinda ironic, or something.
Also, what you're referring to isn't a technical definition of recession, but merely a working rule of thumb. The NBER uses a lot of criteria to come up with what a recession is, and has declared some when there haven't been two quarters in a row of declining GDP. Just an FYI.

 

[mister_doodi]

Quote from stock_trad3r:

I wont shup up cause there wont be a bear market.

And the dow wont go to 12800, loser. Anyone who thinks it will is an idiot.


CNBC global had some TA guru in Early August who said that according to some stupid log treandlines the dow would revist 11800..lol what a moron. The closest was 12500 for only an hour and then it surged higher above 13000.

lol

 

[theboxer]

God what a f--ing dipshit!

 

[Sniemiec]

Quote from stock_trad3r:


And the dow wont go to 12800, loser. Anyone who thinks it will is an idiot.

Guess that makes you...

 

[circadian]

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA..........HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHHAHAHAHAHAHAHAHAHAHAHAHA...........HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH! God bless that little booger, Stock_Turd3r. Without him, what joy would we find in this economic crisis! Keep boostin' the troops morale, Turd!

 

[short&naked]

Quote from stock_trad3r:

Lower inflation, rising oil and gold...
...I know everything. [/B]

You don't know jack. Rising gold means higher inflation.

 

[legend4life]

Baghdad Bob is stock_trad3r!

http://www.youtube.com/watch?v=TrXhxmQJSS0

http://www.youtube.com/watch?v=qhDbqz7dG-U&feature=related

 

[The Swordsman]

You must be uber excited to see limit down open on the ES eh skippy?

Quote from stock_trad3r:

Still no negative GDP.

 

[athlonmank8]

Quote from stock_trad3r:

The word recession stems from the word 'recede', which is to contract. The economy has yet to actually contract since 2001. Slower growth is still expansion, nevertheless.

BUMP

You're a celebrity now....

 

[short&naked]

Quote from stock_trad3r:

betting against the smarties is a bad idea. The smarties want the market to go much higher..15000 for the dow by 2008 or so.

The smarties are bidding it at the close again. This indicates there is tons of buying strength left. There is huge global growth and tons of consumer anfg global spending.

Massive earnings. Huuuge growth for exporters. Tons of cheap labor. Lower inflation, rising oil and gold. Tons of domand for materials. Tons of credit card debt. Tons of demand for student loans and colleges. need college education to make money and be a good consumer. Need to vote and be a well rounded person. Need to buy more. Need to spend more on Christmas shopping.

Santa rally coming+ 2008 election rally. Huge buying. Huge consumer spending. Need lead toys from china.

I dont see an end to this buying anytime soon. 10 years, 20 years, 30 years from now we'll still be having this debate and I will still be winning.

I know everything.

The "smarties" as you call them wanted the market to go higher in 1929... didn't quite work out, did it.