Yes we have seen the top

[Overnight]

This thread didn't age well.

Jim Grant is perma-bear I've seen him on the tele 100s of times since the collapse of Lehman and he tells the same story over and over.

At least that NYU professor Roubini doesn't come on anymore -- he was god awful.

You ain't seen nothing yet. When we default on the debt, 90% drop over 6 trading days. Mark it dude. The world economy is fucked.

 

[Laissez Faire]

This thread didn't age well.

Jim Grant is perma-bear I've seen him on the tele 100s of times since the collapse of Lehman and he tells the same story over and over.

At least that NYU professor Roubini doesn't come on anymore -- he was god awful.

Well, to be fair, we're still 70 points from the top on S&P.

It's very predictable, though. As soon as the market starts dropping beyond a mere retrace there's a lot of loud bears who starts speaking of total collapse.

You ain't seen nothing yet. When we default on the debt, 90% drop over 6 trading days. Mark it dude. The world economy is fucked.

When do you see that happening?

 

[themickey]

You ain't seen nothing yet. When we default on the debt, 90% drop over 6 trading days. Mark it dude. The world economy is fucked.

And when did @Overnight join the permabear group...??
This club is getting bigger but will evaporate like morning fog at the next bounce.

 

[Overnight]

And when did @Overnight join the permabear group...??
...

I didn't. It's been my reverse-psychology trick for the market I have been using for years when ever I am in swings that go against me. It usually works, heh.

 

[themickey]

I didn't. It's been my reverse-psychology trick for the market I have been using for years when ever I am in swings that go against me. It usually works, heh.

Gottit, a kind of jinx trick.
If you want market to go up, tell ET it's going down.
That way the demons will do what you secretly want.
Great idea!