
Quote from spidey:
Hedgefundfudgepacker, I want a croissant with my latte' please.![]()
Quote from HedgefundTrader2:
You can have this Technical Analysis to please your bearish ambitions:
"The U.S. Dollar index ($DXY) broke out of its one month down trend causing a run out of commodities. Investors took money out of the energy and commodity related stocks and put them to work in the financials and the techs. The lower-then-expected initial weekly jobless claims and the surprising rise in ex-transport durable goods orders support the call for the Fed to stop cutting."
Now tell me where the hell is your recession?
Feds should stop cutting rates now. Enough of this , too much sweetening the pot. We dont need another rate cut.
Quote from HedgefundTrader2:
Now tell me where the hell is your recession?
Quote from nyxtrader:
You're right about stopping the rate cut but you still have no proof that you even trade, lol.
My fiance probably knows more about trading than you. LOL
Actually I know she does.
Quote from amanda33:
The one that is here and starting to intensify. You can't see it because you've not lived through one before. You've said, previously, that housing is only 3% of the economy, but I think you're forgetting the multiplier effect. Each dollar is used 12 times in the economy, so a trillion lost in housing equals 12 trillion, overall. That figure takes a while to be as apparent as to show up on your radar and, before you know it, unemployment will continue to rise (it is lagging after all) and GDP will continue to fall, for 24 months, regardless of monetary policy. By 2010 ipods are regarded as luxuries and the most popular tv programs are dedicated to stitching together old clothes.
Bear market rallies are not as nice as normal rallies.
I hope you're right and this has just been a correction, HFT, but your conviction is a worry. That road can surely lead to riches but also nasty losses.