Was the recent bear market trivial?

[PoundTheRock]

Quote from TheCaracal:

Quote from CPTrader:

Remember what happened to bonds in June/July of 2003.

I hate to make market calls - but this is very likely to have an UGLY ending. [/QUOTE

Oh I know that , but this is hard to guage......what really disturbs me though is the price action it's not fluid , it feels jammed, no corrections..none,


Things that don't bend...break....

Best,
David

So true. Until these nut jobs stop loading up on index puts, the market has support.

 

[Baruch]

But in US you have economic GROWTH - we don't know here in Europe.

 

[gnome]

Quote from Baruch:

But in US you have economic GROWTH - we don't know here in Europe.

That's debatable. We DO have cannibalization of assets due to deficit spending, Gummint and personal, plus debasement of our currency. (Shouldn't be long now before the "$USD" will be known as the "$Charmin"... for you internationals, Charmin is a brand of potty paper in the US.)

This is being interpreted as growth and extrapolated into the future as a trend... likely a cruel hoax.

Survivors will be few.

 

[formikatrading]

Refinance your mortgage and buy more on credit -- that's the growth!

Quote from Baruch:

But in US you have economic GROWTH - we don't know here in Europe.