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Re: catmaniac post# 9717

Wednesday, 04/23/2008 9:00:25 AM

Wednesday, April 23, 2008 9:00:25 AM

Post# of 23155
Cat, I dont believe i am alone in seeing the oppurtunity out of this situation. This is exactly the reason why we are up 1,000 points off the bottom as people on the street realize that this "recession" is no where near as bad as once said.

In fact, Jack Welch, former CEO of GE and others have begun saying that Q1 GDP may even come in around .01,.02,.03 instead of negative and which would then mean WE WOULD NEVER ENTER RECESSION this year. Crazy becacuase everyone thinks their is a recession right now.

Point is, when the perception is bad, and the corporate earnings are getting beaten, and beaten and beaten considerably each time to the upside it shows that the street has projected much to deep of a recession.

All in all, DOWs gonna break 13000 shortly and IMO considering markts price in things 6 months in the future, we could possibly, POSSIBLY, break our all time highs later this year, or early next year.

How bout that for some optimism,. LOL
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