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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: queenleah who wrote (34171)1/22/2008 7:04:02 PM
From: octavian  Read Replies (1) of 42834
 
queen said:

<<This is indeed worrisome, but I wouldn't say panicking. Are we in recession territory yet? Isn't it 20% down for a period of time? Are we there yet? (These are questions, I'm no expert on what constitutes a recession.)>>

--Queen, we won't officially be in a recession until we have 2 consecutive quarters of negative GDP. We haven't had one yet, and this one is just starting.

20% down is a bear market.

<<You think the fed actually listens to what Brinker thinks they should do? I don't.>>

--Queen, no one thinks the fed listens to Brinker.

But if anyone DID think that, it wouldn't be any more illogical and ridiculous than Kirk thinking brinker reads his posts, just because brinker has actually done something that kirk wrote about, on occasion.
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