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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Gib Bogle who wrote (53911)8/22/2009 4:12:30 PM
From: elmatador  Respond to of 217750
 
Sign of a weak argumentation is to denigrate the source. Let me go there now and dismatle his weak argumentation.



To: Gib Bogle who wrote (53911)8/22/2009 5:35:35 PM
From: carranza24 Recommendations  Read Replies (1) | Respond to of 217750
 
Wikipedia has its uses, to be sure.

I denigrate it only when it is used by folks like elmat (who doesn't bother to cite it - or much else he uses - because he wants everyone to think his ideas are pristine wonders of Anglo-free Brazilian ingenuity, not once stopping to recognize that the medium he uses is an utterly Brazilian-free invention) who rely on it for bloviating on issues which are complex and deserving of far more than a casual read from a single often erroneous source. Which is why he often ends up on the far side of left field.

But I digress.

Wikipedia has its uses. For more complex matters, it can serve as a good guide for further study and briefing.

As far as the recovery is concerned, color me skeptical. There are indeed some signs of a recovery, particularly if you look at leading indicators, but they are small and obviously fragile.

Did you notice that the stock market's performance is a leading indicator? I was stunned to see that given the well-known bear market rally that took place during the Depression. So is employment, and those statistics are so off-kilter as to be practically fraudulent.