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  1. #1
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    Recession over before it begins

    Maybe not that drastic but the Dow is up 415 points today. GOOG is back up 24 points as well!



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    Re: Recession over before it begins

    Don't worry about it, it will be back down 300 again tomorrow.




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    Re: Recession over before it begins

    Quote Originally Posted by BryceC View Post
    Don't worry about it, it will be back down 300 again tomorrow.
    C'mon BryceC, I thought you were a cup half full guy!!!


    "Don't worry Boss...they can't do nothin' 'til they're through sparklin'..."

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    Re: Recession over before it begins

    The stock market's performance is a poor indicator of recession.


    ISU Grad 1997.
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    Re: Recession over before it begins

    Quote Originally Posted by CyinCo View Post
    The stock market's performance is a poor indicator of recession.
    That's for sure......

    The dow is up because the Fed announced that they were adding liquidity to banks by lending $200 billion for a 28 day term instead of normal overnight loans, called Term Securities Lending Facility.

    Heard that on Fox news this morning. Not sure what exactly it means but that is supposed to be the reasoning behind the higher day.....



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    Re: Recession over before it begins

    Quote Originally Posted by bferin View Post
    Maybe not that drastic but the Dow is up 415 points today. GOOG is back up 24 points as well!
    One good day in the market is not a clear indicator of a recession or lack thereof. Conversley, there are times in a very bullish market/economy that we see huge down days, that doesn't mean the economy is in a recession.

    j


    As far as depth goes though, the combination of White, Woodbury, Olaseni, Basabe, and Uthoff is much better than Niang, Ejim, Edozie, Gibson. Not because of the top 2, but because of the next 2 or 3. -DeanVogs

  7. #7
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    Re: Recession over before it begins

    It's a short term move. In the medium term the Reserve is walking a fine line between a recession and inflation...oh the glory of stagflation!

    Best said by Dean Glenn Hubbard: [ame=http://www.youtube.com/watch?v=3u2qRXb4xCU]YouTube - Every Breath You Take[/ame]



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    Re: Recession over before it begins

    Quote Originally Posted by jmb View Post
    One good day in the market is not a clear indicator of a recession or lack thereof. Conversley, there are times in a very bullish market/economy that we see huge down days, that doesn't mean the economy is in a recession.

    j
    im pretty sure bferin is clueless when it comes to the stock market



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    Re: Recession over before it begins

    Quote Originally Posted by bigredqb7 View Post
    im pretty sure bferin is clueless when it comes to the stock market
    and most other things for that matter.



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    Re: Recession over before it begins

    The media has been telling me every day we are in a recession. I have not seen it yet, but I am positive that we are truly in a recession, because ahhhhh, that is all I hear.


    They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety. - Benjamin Franklin 1775

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    Re: Recession over before it begins

    Quote Originally Posted by brianhos View Post
    The media has been telling me every day we are in a recession. I have not seen it yet, but I am positive that we are truly in a recession, because ahhhhh, that is all I hear.
    CEPR - Private Sector Sheds Jobs for Third Consecutive Month

    Various sectors of the economy are shedding jobs. Generally, that's not a sign of a growing economy.


    "Don't worry Boss...they can't do nothin' 'til they're through sparklin'..."

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  12. #12
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    Re: Recession over before it begins

    Check out the jobs and homes market.
    Oh yeah, oil prices... hmmm. Things are great. I wouldn't go spending all my pennies based on today.



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    Re: Recession over before it begins

    I hate looking at my 401k, roth and other IRAs.... but when it is way up it is fun to peak.. but the last 6 weeks I am scared to type in the web address... let alone log in....even after today.

    and yes I know it is for the long term .... but at times it is fun speculate and peak.

    -keep.


    The first and best victory is to conquer self; to be conquered by self is of all things most shameful and vile. - Plato

    May you only need 39 acres to turn your rig around. - keep

  14. #14
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    Re: Recession over before it begins

    I have donated $1,500 to my 401k this year and it's still at the same amount I started the year with. It's not real fun right now. I am sure it will spike pretty soon.



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    Re: Recession over before it begins

    Quote Originally Posted by keepngoal View Post
    I hate looking at my 401k, roth and other IRAs.... but when it is way up it is fun to peak.. but the last 6 weeks I am scared to type in the web address... let alone log in....even after today.

    and yes I know it is for the long term .... but at times it is fun speculate and peak.

    -keep.
    I die a little more each morning when I check mine.
    It won't be so bad working until I'm 75



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