> We've been in a 10 year recession and nobody gets it!

> RGAns...@gmail.com wrote:
> > It was lower than this the day after MLK Jr day, remember the DOW
> > opened down 500 from its closing price, Fed did a surprise cut of .75.
> > It broke 11,700 and then bounced hard. Since then it has tried to
> > break 11,700 again months later and couldnt. Until I see us in the
> > 11,600s for more than a day I dont buy it. My god we hit 11,600 in
> > 1998. You think that this market is worth less than it was then? You
> > think that p/e multiples across the board are supposed to stay this
> > low? This is obviously rational marketmaking right? Or maybe its the
> > market being irrational, and we just have to wait it out... cause over
> > the long term markets go up. Why?

> > What is the market? It is a index of companies that have one basic
> > goal built into their DNA, make profit and make more profit then last
> > year. When some morons(Investment Banks) try to make money too quickly
> > with fraud, this happens. But in the long run even they will make more
> > money down the road. Bear markets are just corrections in the
> > permanent Bull Market. Fact is that the market will always have an
> > upward trend, humans just cant stay rational. They buy too much when
> > its going well, causing bubbles, caused by the emotional state of
> > greed. Then we have corrections or your bear markets which are a
> > combination of fear, and correcting the prices for the unrealistic run
> > up during the greedy times. But the longer the time period, the
> > smoother the trend looks, cause you cant see all the greed and fear
> > moves as much. If you want to understand the market, you have to
> > understand who creates it, humans. So emotional states are as
> > important to the market as these random economic data points that are
> > backwards looking. Good luck to all. But I am not going to try and
> > time the market anymore...
> > RGA

> > condoap...@gmail.com wrote:
> > > "The Conference Board Consumer Confidence Index, which had declined in
> > > May, declined even further in June. The Index now stands at 50.4
> > > (1985=100), down from 58.1 in May. The Present Situation Index
> > > decreased to 64.5 from 74.2. The Expectations Index declined to 41.0
> > > from 47.3 in May."

> > > They say a 5 point drop is "very troublesome"...

> > > OilWildcat...@gmail.com wrote:
> > > > My screen is solid red for the frsit time. It is oil stock heavy.