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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (45296)	2/4/2013 11:51:00 PM
From: Fintas	2 Recommendations Read Replies (2) \| Respond to of 220885

Economy is NOT doing fine. If it were the FED would not have revised it's forecasts and would not be continuing with their stated policy. ONE day there may be data that shows such but here and now the FED is hoping to avoid a recession. Success will be if they can keep the GDP above 0. Yet at some point the noise will kick in regardless of whether we do from a 1.6 to a .8. The damage was severe. It's a once in a life time and I can state from experience FIRSTS take time simply because no one has ever experienced such. Add to the reality that across the world access into institutions to really know is not possible. Throw in political agendas and before the bottom is finally put in TIME will be needed. As that time is put in many will make a play long or short and find themselves early. Want a good ex. The recent buyers in APPLE. NUFF said. Patience is a virtue it is learned and not a gift. For those who trade certain support levels good for you. ME? I'm into discounts. Plenty of time to get them. Fintas

To: GROUND ZERO™ who wrote (45296)	2/5/2013 1:03:45 AM
From: sandeep	Read Replies (1) \| Respond to of 220885

The govt figures weren't very good because a 22% defense "cut" - postponement of orders etc because of fears of fiscal cliff. That will pass. The real economy is doing fine - however, not everyone has refi'ed at low rates yet because their credit was poor. Also, employment picture is not improving because of a lot of factors - such as offshoring to reduce costs. The fed is trying to hold the economy together and not let it slip back. This is because Bernanke is deathly afraid of the 30s. Under his watch, he doesn't want to that to repeat - just like Bush was afraid of another 9/11 and was probably too aggressive. In any case, people will retire - and when a lot of baby boomers leave the workforce, the employment picture will improve. Fed will hold everything together till then - certainly pols in washington are not doing anything. But I don't see anything wrong with the consumer - I find it hard to get tables at reasonably popular restaurants at the last minute. Waits are over 30-45 mins. Mall are buzzing. Almost all companies did well in the earning season. Economy is fine - for now...