Where is the recession? Show me ?

How more backwards and behind the curve do you want to be? Would you rather see 2 qtrs of negetive growth for the "official "R" word to be legit, or would you rather read price action and get in early in the trend and then when the big "R" is here, you'll be nicely in the money.

Successful trading is about being AHEAD of the curve, not waiting for all the data to be in to make your play. By that time, you are the sucker selling to the smart money buyers.

Quote from HedgefundTrader2:


Just to remind and keep you level headed and sane- It takes 2 quarters of negative growth to pull in the " R " word. But you have already jumped to conclusions without proof or evidence!
 
Quote from Cocaine:

You realize that since you've been a member here, all the markets have really done was go down. You do realize that, dont you?


You realize that since I have been a member here, all you have done is turn negative and play with doom and gloom . You do realize that, don't you?
 
In terms of economic information, I don't know enough information. But the market knows more than enough information, so I take heed from what the equities market is telling me.

Recession and Expansion alternate in cycles, and we've been in an economic expansion for over the last five years... statistically it also very unlikely for it to continue.

A recession is not a bad thing anyways... we're brainwashed to think it is. Recessions clean out the excesses and brings prices back down to earth. If you have money saved up, a recession is much less harmful to your real wealth than periods of aggressive inflation.

In terms of any pundits who I listen to, Jim Rogers is probably the most meaningful. He has lived so much longer than me and his experiences alone allow him to view the world with a better sense of reality than most tunnel-visioned Wall-Street personalities. When he says recession, I listen.
 
Quote from HedgefundTrader2:

Show me ! Where is the recession?

Todays GDP report March 27, 2008 came in with our economy growing at the rate of 0.60 numbers. So what ? This economy has been red hot for years and a slowdown in winter months is normal. The weather was harsh, days were dark and holidays kicked in for 3 weeks, all kinds people avoiding work etc. So what? Things can get better and maybe next quarter you will have a better number you can chew and spit on.

Just to remind and keep you level headed and sane- It takes 2 quarters of negative growth to pull in the " R " word. But you have already jumped to conclusions without proof or evidence!

Its called extrapolating the data to suit ones emotional feelings and present it as if those were facts. I have had it with this doom and gloom club, their only occupation is a national sport and pastime called - pessimism and does nothing but creates damage.

Get off that... now! Look what you did to the stock market brought it to its knees with your " imaginary recession" and made a fool out of yourself before the world! People in other countries think, that Americans are weak and cowardly.

Things are not as bad as you made them and almost killed the financial market. A real recession wouldn't have done this much damage! Thats for sure.

You're hopeless.
For our own sake (and yours), get some help and try to get a life.
 
Ha! I trade both sides pal, I'm not part of this imaginary doom and gloom crew that you have manifested into 90 different threads about the same thing.

Day7793, you registered in July 2007, look at a daily chart of the SPY. Guys like you and your ultra BULLISHNESS always seem to come in at the highs and then whine all the way DOWN :p

Quote from HedgefundTrader2:

You realize that since I have been a member here, all you have done is turn negative and play with doom and gloom . You do realize that, don't you?
 
Quote from HedgefundTrader2:

You do not even own a home. Do not go out and compare yourself with a guy who lives on a hilltop with vista views and eats at Kashmir colored granite counter tops and reads under recessed lights and has an unobstructed view of the city from his bedroom balcony. He probably trades lot smarter than you can..


What if the 3 bedroom is on Park Ave in NYC and the house on the hill is in Niue (county with lowest GDP)?
 
Quote from 9999:

You're hopeless.
For our own sake (and yours), get some help and try to get a life.


REBUTTAL to my post required. No personal attacks.

...Because it goes to show you are lots less intellectually than I am. I am still not responding to your attack, admire my self control please.
 
Can you explain what "lots less intellectually" means and, more importantly how this phrase actually makes one appear more intelligent.

Quote from HedgefundTrader2:


...Because it goes to show you are lots less intellectually than I am. I am still not responding to your attack, admire my self control please.
 
Quote from HedgefundTrader2:

REBUTTAL to my post required. No personal attacks.

...Because it goes to show you are lots less intellectually than I am. I am still not responding to your attack, admire my self control please.

dude, your an idiot. Everyone on this forum thinks your an idiot. Why do u still bother ?
 
Quote from HedgefundTrader2:

REBUTTAL to my post required. No personal attacks.

...Because it goes to show you are lots less intellectually than I am. I am still not responding to your attack, admire my self control please.

I'm still waiting for you to answer my questions, mr. intellectual. And as I told you before, you're the one who started the insults game, remember? The only things "admirable" about you are your stubborness and your denial.
 
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