Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Max90's LINK STORAGE to stock quotes -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (3791)	11/21/2008 12:50:11 PM
From: LTK007	Respond to of 3906

i remain emphatically OPPOSED to ALL people that DISMISS a major recesssion. Just heard some CNBC talking herad ranting that the bottom in 2008 will be the beginning of new Bull Market, just like this bloke. i am QUITE surprised how easily you are thinking Happy Days will soon be here again, no major recession, no depression. Maher writes <<and I expect a US recession that began about six months ago to be tentatively ending by this time next year and a washboard recovery commencing.>> And he only sees it a mild recession at that!!!! i gather you NOW think only damned fools think a long major recession or a in fact a depression. Well i will remain a damned fool. But like with the 50% retracement in early 1930, all will be SINGING it's over!!!!!!!!!!!!! And this guy Maher will be calling DOW 16,000 and shouting i am a genius, buy buy buy. Not me. BTW, Nassim Taleb would MOCK that chart, saying it is just someone finding a chart that fits his wishes, it could in fact be totally irrelevent to the flow of history at this time. They lose themselves so deeply in their charts, they become BLIND TO HISTORY AHEAD and facing it can NOT can not be predicted, and one can not decide where we are going by a chart. You must look at history itself in THE NOW, and NOT in a rearview mirror. The fact the collapse in price in Crude has NOT helped is 30trillion dollars in wealth has vanished(that idea of it is zero sum game is utter bullshit). The rich are crowding into Luxury Pawnshops not to buy but to pawn(that is a fact), that tells me a lot more than any chart. How much as been lost in house equity--that is massive. Plus guess what, Crude will rising upwards AGAIN. Max

To: Crimson Ghost who wrote (3791)	11/21/2008 12:57:57 PM
From: LTK007	Read Replies (1) \| Respond to of 3906

i will be beginning to ponder UYM, now down OVER 90%(Is now 9.xx down from 112). Max Those that will mave high percentage bounces are the ones that are shorted most and/or savaged by Hedge Fund forced selling the most. Virtually nothing has been hit harder than UYM. P/Es Basic Matrial Companies for some close to 1-1).