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[impala454]

Seem to be doing pretty well lately. Dow broke 9,000 today. Lookin pretty good and starting to seem like this will end up being one of the shorter recessions, albeit probably one of the most hyped.

[impala454]

Dauss I'm sorry but your continued doom and gloom is silly. You're picking out tiny trends and not looking at the big picture. Wow you found a 28 day 7% downswing. You seem to be forgetting about the five month, 38% upswing. It went over 8,000 over three months ago and hasn't dropped under that since. You're citing all of these individual companies that really make little impact on the overall market. Those companies already made their small hit to the market many moons ago. It's real estate and the credit market that got us into this mess and they're the ones getting us out of it. Banks' profit numbers don't mean anything in the grand scheme of things. Their profits do not provide some direct correlation to their lending habits.

Jobless claims skewed from Chrysler and GM still?? No, those numbers were included in the forecast. You remind me of the people who post on the google finance stock forums who think that some stock will go up because X company is releasing a new product that particular day. If that was the case I'd be a billionaire right now. Every last one of these things you cited were all built into every single economic forecast out there. Hell there was even supposed to be a big loss today because of minimum wage but that has not even made the market flinch yet (though it is early in the day).

I'm not sure why your negativity of the market is continued on here, even when the numbers are staring you right in the face. Perhaps you just don't want to look like you were wrong, I dunno. But even the media is starting to jump off the market doom and gloom wagon. What kind of numbers would you expect to see to change your tune and admit that the market is recovering?

[dauss]

Dauss I'm sorry but your continued doom and gloom is silly. You're picking out tiny trends and not looking at the big picture. Wow you found a 28 day 7% downswing. You seem to be forgetting about the five month, 38% upswing. It went over 8,000 over three months ago and hasn't dropped under that since. You're citing all of these individual companies that really make little impact on the overall market. Those companies already made their small hit to the market many moons ago. It's real estate and the credit market that got us into this mess and they're the ones getting us out of it. Banks' profit numbers don't mean anything in the grand scheme of things. Their profits do not provide some direct correlation to their lending habits.

So I guess "Seem to be doing pretty well lately. Dow broke 9,000 today." is a long term trend?

What kind of numbers would you expect to see to change your tune and admit that the market is recovering?

I would need good news, not news that is "less bad".

[impala454]

So I guess "Seem to be doing pretty well lately. Dow broke 9,000 today." is a long term trend?

Obviously, saying something that happened today was not me referring to a long term trend. The three months over 8k (now 3.5 months) and the five month, now 43% upswing, where the long term trends I was referring to.

I would need good news, not news that is "less bad".

Mind explaining to me how things can go from "bad" to "good" without going through the "less bad" step?

Today unemployment numbers came out well (decreased) and stocks finished up nice and strong.

What happened to all the doom and gloom? Or is it all still yet to come? Still a subscriber dauss?