Comments on: Bottom is In?

By: ReturnFreeRisk

ReturnFreeRisk — Tue, 02 Dec 2008 17:24:31 +0000

The subsequent recovery is going to be SO DIFFERENT from lower and lower interest rate induced spending binges that ALL the pundits are going to be DEAD WRONG. Forget the L (that applies to economic growth). We are still in the waterfall type decline phase in the economy.

as far as the stock market goes, my prediction is that we have entered the sine wave phase of stock market action (and it will last for years).

By: ADB

ADB — Tue, 02 Dec 2008 12:34:25 +0000

The only decoupling taking place is from Reality

By: mlomker

mlomker — Tue, 02 Dec 2008 12:20:00 +0000

The unemployment numbers haven’t peaked yet…we don’t even know how the holiday season is going to end for retail. How can anyone think that the bottom is in? 2009 is going to be a good time for traders but not investors.

By: Bruce in Tn

Bruce in Tn — Tue, 02 Dec 2008 12:19:08 +0000

OK..for all you investors…if Roubini is right and this is an L-shaped recession, two questions…

First, are we on the vertical limb of the L or the horizontal limb of the L?

OK, then are you buying long positions? If you are, do you think we are now on the horizontal limb?

…just wonderin’