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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (123395)10/10/2012 6:22:21 PM
From: Road Walker  Read Replies (1) | Respond to of 149317
 
Well this was your call in February

You want my strongest warning yet? If you are heavily into risk assets (read stocks), protect yourself NOW. We are at the peak. I feel it in my bones. But I don't need feelings. I've been looking at the data for 6 months now and it has convinced me that the reckoning is coming. Don't believe me? Gundlach seems to think so. He warned everyone to get defensive a couple weeks ago. Don't believe him? Check out what ECRI has to say. They are sticking to their forecast that we see a RECESSION in the first half of this year, just as I have been warning about for quite some time. The stock market usually leads recessions a bit. So it would not surprise me to see a correction, maybe a hard correction, within the next 2-3 months.
businesscycle.com;

With your pervasive (wrong) negativity as we slowly get better, I guess I just assumed you would think GDP was declining. Who knew you were optimistic!

Message 27970844



To: RetiredNow who wrote (123395)10/10/2012 8:59:35 PM
From: Sr K  Read Replies (1) | Respond to of 149317
 
Here
Message 27823538

on 12/14/2011, you said the economy was unambiguously rolling over and we would be in recession. You said bookmark it and check in 7-10 months; that's Sunday.



To: RetiredNow who wrote (123395)10/11/2012 9:17:09 AM
From: Kenneth E. Phillipps  Read Replies (3) | Respond to of 149317
 
mindmeld. todays new jobless claims report at 339,000 - the lowest since February of 2008 would seem to confirm the vaidity of last Friday's report.