U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > General Forums > Economics
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
Old 01-08-2009, 07:14 AM
458 posts, read 701,084 times
Reputation: 156


First of all volatility appears to be coming back after taking a Christmas break.

I think there is a chance we break to the downside, make new lows over the next couple weeks. I shorted the market the end of last week. I agree after that we may get an inauguration rally for a few days after Obama is in.
Reply With Quote Quick reply to this message

Old 01-08-2009, 08:26 AM
2,197 posts, read 6,821,002 times
Reputation: 1687
I think people are already realizing that rhetoric isn't results. Every week, the party line is it's going to take more money, more time, more bailouts, more yada yada yada. Nobody can put a "when" or "how" on all those "Yes, we cans" and I agree that the market is going to respond with a thud once the pomp and circumstance ends and the reality is still the same.
Reply With Quote Quick reply to this message
Old 01-08-2009, 09:10 AM
19,123 posts, read 20,697,215 times
Reputation: 8406
You can't start the "debt cycle" again when people already have too much debt... an economy based on debt is GOING to fail when debt reaches a certain threshold... and no amount of hocus pocus is going to make that debt vanish... You can give them a little bit more money but that is NOT going to solve the debt ceiling... I blame the government for putting us on the debt economy and Americans who weren't really "regulated" on what they could spend on.... They are crying for stricter regulations on companies... when it should be stricter regulations on how the American people spend and save... the politicians are sneaky though... they are introducing legislations on business to make people save... hehehe... a little sleight of hand...
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.

Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 12:07 PM.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top