Where is the recession? Show me ?
- Thread starter HedgefundTrader2
- Start date
There is an economic slow down, but that happens. Feds and the Governement has taken full steps to restore that and the actions are working. We might be half way through this and the stock market is reflecting this in its bullish stand.
People have horded cash into money market accounts and boy they are pissed getting 2.5% returns! Where is that cash going to end up? Take a wild guess..
Recession is not a phenomena that arrives like a ghost and we dont know it. You see that in negative numbers in the GDP and know it that now we may have another quarter like this and we are in recession.
But at the same time you have discounted everything that has been done to avoid such an occurrence. Feds have slashed 3.00 Fed funds rates, Treasury Depart & Congress has implemented several tools to combat should that be the possibility. In other words the FIX is in, yet you keep on whimpering when the Lions roar!
Boy you love to get scared about things that have not happened yet.. should you go on a chart tearing spree again, please let me know, I would be very happy to get out of your way.
Scared? Can you not read? You asked for proof of whether we are in a recession or not. I gave you proof directly from the horse's mouth. Where did I express fear of any kind? What is this fear you speak about? I think you've confused rationale with fear. They are two seperate devices. You use your chearleading all you want. But, I gave you the proof that you've been requesting. So I ask you again...do I believe hedgefundtrader2 on elitetrader, or do I believe the guy who is directly responsible for determining whether we are in a recession or not?
btw...what the hell are you talking about with "chart tearing spree"? Do you have me confused with somebody else? I have no clue what you're implying there.
Its OFFICIAL.....Hedgefundtrader2 does not care about ANYTHING but the bull case. He signed up in July 2007 and has been bullish this whole time while the markets went down and down and down. Cleary, anyone who is this blind for this long cannot be taken seriously as having any real idea about what is going on (or what HAS gone on for that matter).
I suggest we ALL (me included) ostracize Hedgefundtrader2 from ET. Let him babble on to himself and himself alone. He doesnt present real arguements and ignores questions that he cannot answer. Basically we all keep wasting our time.
From this point on I will NOT, ever, respond to another one of his posts. I hope we all can do this and maybe, just maybe, the lunatic will leave.
I suggest we ALL (me included) ostracize Hedgefundtrader2 from ET. Let him babble on to himself and himself alone. He doesnt present real arguements and ignores questions that he cannot answer. Basically we all keep wasting our time.
From this point on I will NOT, ever, respond to another one of his posts. I hope we all can do this and maybe, just maybe, the lunatic will leave.
What is this some kind of Monster that will eat you alive?
NBER President is full of it. He is contradicting himself. Either you are pregnant or you are not. This is another case of doubts and anecdotes and extrapolations and fears. He sitting on the fence straddling both sides.
Even if there is a recession now, how bad are things?
Things are not bad as they could be even when you say we are in a recession, be grateful to yourself and the country you still have food and water and listening to your IPODS and wearing those Nike's and slurping Starbucks stuffing Pizzas in your face!
this is my last post arguing with a fool.Quote from megabucks:
Who cares !
Does a recession or not affect traders ? It should not. It affects people with salaried jobs. That is why I am a trader !
So we can sell to the depths of the ocean or rally to Pluto. I am happy either way.
That's a good attitude.
I mean we wasted 3 months being scared and tearing down our charts of SPX, DOW, RUT, NDX, GOOG, BIDU, AAPL, DRYS, AMZN and many other great companies for what?
Recession is coming, Recession is coming... Big bad wolf is coming...Big bad wolf is coming..