Stock market is kicking as this month
 

Haaring it's on track for best month since 1987. Lots of experts are saying there's no chance of recession now. LOL. WTF do you call what we are in?

We have had economic growth every quarter for several years...and most corporations/businesses are making more money than ever...so whatever we are in is not a recession.

This is the most obvious suckers rally of all time. :1orglaugh:1orglaugh:1orglaugh:1orglaugh Just watch. BTW, the bankers are going to have nice scapegoat for the market tanking. The history books will read "The markets were setting new highs as we pulled out of the recession but then...." We are all going to personally know at least a few millionaires who are going to lose everything because just because you have a few mil packed away does not mean you are worldly or have an understanding of current events and why certain events in history really happened. I know guys who have $20 million + bankrolls who are completely clueless and are going to get creamed. They did not listen to me back on 2006-2007 when I told them to dumb their real estate and short the market and they are not listening to me now. Even my own family are not taking my advice. The average American just cannot comprehend that their reality is going to change.

The only place I have my money is AAPL short and a handful of put options.

I only watch Gold .. myself as the only stock i feel comfortable buying is CSX

That's how the ballers roll yo

Buy low, sell high

The stock market isn't an accurate reflection of how the economy is doing. When a company lays off employees their stock goes up because labor is the most expensive cost of doing business.


It's probably some kind of gigantic pump and dump scheme. They'll probably get rid of their shares right before the market tanks again leaving a shitload of people with no money in their pension and 401ks while they hop on a jet to the Cayman Islands where they have their un-taxed fortunes stashed away. wouldn't surprise me.

Google "Japan's lost decade" and you'll have a rough idea of what we are facing here in the US.

Maybe I'll get back the $12,000 my 401k lost last quarter.

Tell that to the unemployed.

We have always had unemployed and the norm used to be around 4 or 5 percent but now there is a new percentage and it will remain as the new norm. National economic growth determines whether or not there is a recession not the number of unemployed.

Those who have lost their jobs are not going to get those jobs back...but there are jobs out there to be had...some people will just have to swallow their pride and adjust their life styles to what is the new norm.

I agree with you on that. Maybe we need to change the definition of "reccession".

i'm still 52% down since 2007:/
even had to sell some at amazing losses this year to keep eating.

getting better though;-))

Choker: Premium country pop-unders from $1.50 per k

Might this work for NL and a mainstream site? (sig)

On a sidenote, do you think this is a lot??
Over 9,217,026,830 Hits Served Since 2002

It sure is, but it caught my attention as it is smaller than the amount of Euro's we just put in this fucked up resque plan for the poor South;-)

1000.000.000.000 damn Euros

This is a bull trap of all bull traps, but timing is everything.