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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Skeeter Bug who wrote (90661)4/5/2001 7:03:51 PM
From: GraceZ  Read Replies (2) of 436258
 
i bet somebody who dumped all their dough in the market for the past 2 years thinks it matters. they've lost their proverbial butt. i can't believe you think it didn't.

You misunderstood what I was saying. It didn't matter to the market two years ago and you think it matters now. Prices in stocks persisted in spite of all those things and now you site them as reasons that the market can't go up. If they didn't matter then WHY do they matter now? You didn't answer that question.

The reasons you site for the decline are assigned are after the fact, just as reasons for a recovery will be assigned after a recovery. You can't use stock prices to prove your argument that you are right any more than the bulls could use them in their arguments that they were right two years ago.

rome wasn't built in a day and few economic disasters occur over night.

If I were you I'd be looking for any and all signs that the economy is stronger than you think. That was the intent of my original post. If you are going to take a certain stance you test it by looking for arguments against it. It's intellectually lazy to only consider arguments that bolster your prejudice and dangerous besides. This exactly what the bulls did during the upside. I'm always looking for ways to get bearish. You give me reasons, yet you can't defend them with any amount of rigor. I'm bullish yet I could present the bearish case stronger than you could.
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