http://news.yahoo.co...omic_forecast_1
Group: Housing woes may cause recession
Started by
nicolasillo
, Sep 12 2007 06:46 AM
14 replies to this topic
#1
nicolasillo
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#2
OEXCHAOS
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Mark S. Young
Posted 12 September 2007 - 07:06 AM
Mark S Young
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#3
mss
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I'M WATCHING
Posted 12 September 2007 - 07:06 AM
The key word here is "MAY" so what if it does. How does that affect trading or positioning?
We who make money with stocks, bonds, etf, etc. etc. etc. do it be adjusting what WE do, not what some desk jockey says might happen. I guess my real question is what do I do with that information?
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#4
eminimee
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I don't care who's fur is flying...
Posted 12 September 2007 - 07:18 AM
The key word here is "MAY" so what if it does. How does that affect trading or positioning?
We who make money with stocks, bonds, etf, etc. etc. etc. do it be adjusting what WE do, not what some desk jockey says might happen. I guess my real question is what do I do with that information?
MSS...like you...I'd like to see more technicals on this board and less links to articles that will only confuse .....personally I don't read a thing apart from the Penthouse Forum where only the absolute truth can be found. Trade the technicals......funnymentals will kill you.
#5
nicolasillo
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Posted 12 September 2007 - 07:24 AM
More cover for cutting.
Don't fight the Fed.
M
I believe that rate cuts won t help the situation. Yes maybe we will have rallies when they cut rates but if you look back at 2000 - 2002 even if they kept cutting the rates the market still went down.
#6
OEXCHAOS
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Mark S. Young
Posted 12 September 2007 - 07:43 AM
What are the similarities between 2000 and now?
Don't fight the last battle. And remember, the better fundamental case you can build, the higher the probability is that it's wrong (with regard to the stock market).
This, in itself is useful to a Contrarian.
Mark S Young
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http://wallstreetsen...t.com/trial.htm
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#7
nicolasillo
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Posted 12 September 2007 - 07:52 AM
What are the similarities between 2000 and now?
Don't fight the last battle. And remember, the better fundamental case you can build, the higher the probability is that it's wrong (with regard to the stock market).
This, in itself is useful to a Contrarian.
The similarity is a bursting bubble.
In 2000 we had the tech bubble bursting...then we also had the 9/11 which both events caused a massive liquidity injection.
Now we had the housing bubble bursting, we also have the structured credit bubble that just started imploding now.........I guess when the emerging markets bubble will also burst then we will see the outcome
#8
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Mark S. Young
Posted 12 September 2007 - 08:40 AM
I don't see any useful correlation with the US market. If anything, I'm seeing things that bode WELL for US equities, not ill.
I was short at the top in 2000. I publicly called it. I periodically repost the article that I wrote and published widely back in December 1999. You can search for it here. I'm no polly-anna perma-Bull.
Technically, the Bears still have the Weekly trend and the NYSE Cumulative A/D volume going their way, but not a whole lot else.
Mark
Mark S Young
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#9
nicolasillo
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Posted 12 September 2007 - 08:44 AM
I don't see any useful correlation with the US market. If anything, I'm seeing things that bode WELL for US equities, not ill.
I was short at the top in 2000. I publicly called it. I periodically repost the article that I wrote and published widely back in December 1999. You can search for it here. I'm no polly-anna perma-Bull.
Technically, the Bears still have the Weekly trend and the NYSE Cumulative A/D volume going their way, but not a whole lot else.
Mark
I don t think that the Bears have anything at all at the moment, and I am bear.
#10
NAV
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Posted 12 September 2007 - 08:57 AM
The key word here is "MAY" so what if it does. How does that affect trading or positioning?
We who make money with stocks, bonds, etf, etc. etc. etc. do it be adjusting what WE do, not what some desk jockey says might happen. I guess my real question is what do I do with that information?
MSS...like you...I'd like to see more technicals on this board and less links to articles that will only confuse .....personally I don't read a thing apart from the Penthouse Forum where only the absolute truth can be found. Trade the technicals......funnymentals will kill you.
And while all these funnymentals discussions keep raging on this board, i quicky pocketed 10 NQ points from the open and riding the other half. Fundamentals are useless for trading - in fact, harmful.
Edited by NAV, 12 September 2007 - 08:58 AM.
