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Yeah it is just a weird coincidence it goes down during recessions.
..and then up, and then down again, and up again, as the monkeys press the buttons with an escalating fervor. it is just noise; hell, most people don't know when we're in a recession and when we're not.
..and then up, and then down again, and up again, as the monkeys press the buttons with an escalating fervor. it is just noise; hell, most people don't know when we're in a recession and when we're not.
I'm honestly not sure if you're being serious comparing the normal ups and downs of the stock market with recession related stock market performance.
I'm honestly not sure if you're being serious comparing the normal ups and downs of the stock market with recession related stock market performance.
serious? haha. right. mod cut:
was this thread supposed to be serious in the first place? i mean i'm pretty sure the OP was talking about "doom and gloomers". anytime i hear the term "doom and gloomers" i know the person that is saying this, is a complete and total moron that i don't need to take seriously. is this the camp you're in, or are you capable of discussing economic changes without creating silly little names based upon how you've invested your money?
where did y'all get this term, in the first place? Fox News? Alan Greenspan? Do y'all (y'all being the morons who use the term "doom and gloomers"), have the foggiest idea what has happened in our economy in the past 3 years? How about the past 30 years? What do YOU do for a living that is so valuable?
These, and more, are questions that I need to know the answers to before I can take you seriously as a human being.
Last edited by scirocco22; 09-24-2010 at 06:11 PM..
Reason: not necessary
It certainly is hard to take someone who uses the term doom and gloom seriously in these times. It's like they have something to sell or CNBC type of nonsense. Just ignore them and let the adults discuss these problems.
"- In April 2009, near Dow 7,950, Roubini predicted the markets would retest the March lows of Dow 6,500. They never did.
- In July 2009, near Dow 8,100, he described the market's run as nothing more than a bear rally. Yet the Dow rose 38% over the next nine months.
- In October, near 9,700, Roubini called for a bearish 10% to 20% pullback. Not only was he six months early, but the market's selloff went to 9,700 from 11,200. The current cyclical low is essentially at the same spot where Roubini made his bearish call...six months earlier. You can't be much more off than that. "
Many on this forum were just as dead wrong. All the "doom and gloom" folks made predictions on this forum 12 to 18 months ago. They proclaimed all the worst case scenarios, and they belittled anyone with sarcastic patronizing attitudes who dared to say that the reality of the problem wasn't as dire as the all the pessimistic rhetoric.
"- In April 2009, near Dow 7,950, Roubini predicted the markets would retest the March lows of Dow 6,500. They never did.
- In July 2009, near Dow 8,100, he described the market's run as nothing more than a bear rally. Yet the Dow rose 38% over the next nine months.
- In October, near 9,700, Roubini called for a bearish 10% to 20% pullback. Not only was he six months early, but the market's selloff went to 9,700 from 11,200. The current cyclical low is essentially at the same spot where Roubini made his bearish call...six months earlier. You can't be much more off than that. "
Many on this forum were just as dead wrong. All the "doom and gloom" folks made predictions on this forum 12 to 18 months ago. They proclaimed all the worst case scenarios, and they belittled anyone with sarcastic patronizing attitudes who dared to say that the reality of the problem wasn't as dire as the all the pessimistic rhetoric.
The belittling made me cry all the way to the bank
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