You still think RECESSION is coming?

ProfitTakgFool · Jan 24, 2008

Exactly right. Until you have been through a major bull and major bear market you don't have enough experience. I traded through the entire bear market post-2000 and I got my royal ass kicked. Been there, done that. This time is different. There is no substitute for experience.

Man....you think this market is volatile? You should have seen it back then.

Quote from athlonmank8:

You know absolutely nothing lol.

Seriously, this site is full of jokers. I've never seen anything worse than ET.

Anyone who's been through 2000 knows the playbook.

Anyone after 2000 still has lessons to learn.

Unfortunately i've been through the gauntlet myself and this looks textbook recession.

bgp · Jan 24, 2008

i traded right thru it . buying dips and getting my ass kicked.

bgp

HedgefundTrader2 · Jan 24, 2008

Quote from bdon:

Herder George's sheep Kool-aid, I can't believe how many people actually drink this stuff.

We're in recession now! Open up your eyes. Stop waiting for someone else to tell you some number massaged by the Bush administration.

"Sheep get slaughtered" - Gordon Gekko

Have any empirical facts and figures to prove we are in recession? Or we should take you for granted and for whatever comes in your mouth?

HedgefundTrader2 · Jan 24, 2008

Quote from mokwit:

Banks are laying off thousands of people because things are going to get better.........................right?

With Fed's rate cuts, banks would be lining up their bottom lines you won't believe..They will be doling out money still the same while they borrow less.

mokwit · Jan 24, 2008

You can make lots of money waiting for empirical facts before you act. This is know as buying the fact/news. This method is particularly effective in saving your portfolio ahead of bad company news and bad economic news. It is the method used by mutual fund managers. Just check on mutual fund holdings of bankrupt companies lying on the bottom of the exchange for its real world effectiveness............................................................

HedgefundTrader2 · Jan 24, 2008

Quote from Trendytrader:

There use to be a time when the government and the FED used reported statistics for decision making.

Recession is defined as negative growth over two or more sucessive quarters. We have a lot of talk of recession but no confirmed analysis.

http://en.wikipedia.org/wiki/Recession

Its called snowballing you into submission with doses of FEAR and GREED and manipulate your minds so you capitulate and they can make tons of moolah when they are short.

IF you dont give in and keep bargain hunting it fails and they get smoked out and have to cover their shorts at a loss, and you win.

HedgefundTrader2 · Jan 24, 2008

Quote from bgp:

i'm still here. what the hell day77 do you think a band aid ends all the financial problems. this market is just getting started, and what do you think has happend with all the CDS'S? did they just disappear? that 3/4 discount rate cut is going to do wonders.

bgp

Banks and Mortgage bankers are writing up losses. These are accounting entries. They pay less taxes while the mortgage and collateral ( land or property) doesn't disappears. These are tax dodges and other hoopla's far too complex to discuss here.

baller1069 · Jan 24, 2008

Quote from athlonmank8:

You know absolutely nothing lol.

Seriously, this site is full of jokers. I've never seen anything worse than ET.

Anyone who's been through 2000 knows the playbook.

Anyone after 2000 still has lessons to learn.

Unfortunately i've been through the gauntlet myself and this looks textbook recession.

What a moronic post. Did it ever occur to you that the OP isn't as experienced as you.

You are the real joke

PAPA ROACH · Jan 24, 2008

Quote from day7793:

Have any empirical facts and figures to prove we are in recession? Or we should take you for granted and for whatever comes in your mouth?

This is a prime example of why 20% of traders make 80% of the money, while the 80% of dildo's such as yourself turd3r, make only 20% of the pie. 80/20 rule.

The reality is I'm happy there are dimwits such as yourself, otherwise the taking wouldn't be as easy.

You ought to go have a circle jerk with that moron jj####### whatever he is, PAL pumper. You two put your heads together, make an ass out of yourselves!

HedgefundTrader2 · Jan 24, 2008

Quote from PAPA ROACH:

This is a prime example of why 20% of traders make 80% of the money, while the 80% of dildo's such as yourself turd3r, make only 20% of the pie. 80/20 rule.

The reality is I'm happy there are dimwits such as yourself, otherwise the taking wouldn't be as easy.

You ought to go have a circle jerk with that moron jj####### whatever he is, PAL pumper. You two put your heads together, make an ass out of yourselves!

Yes you are assuming I am in the 80%? You dont know jack about me what I do for a profession. I must be into something so constructive that I can skid you balls every time you get up on your hind legs? Guess what I do for a living my dear son.

The fact is there is no recession except a psychological fear implanted in your turd ball brains that repeats the doomsday scenario of 2000-2003 bear market over and over again. You are obsessed with something bad to happen to you and that is a delusion.