SwingTrade Member Forum

[Rawnoc]

It's official -- Dow's best 6 month performance since 1933. Who would have thought????

Posted by: Rawnoc Date: Monday, December 01, 2008 2:17:13 PM
In reply to: BRIG_88 who wrote msg# 176071 Post # of 207461

Soon, baby, soon. People are screaming "recession" as if the world doesn't know that and priced it in and then some already. Any asshole who went back to 1932 or 1933 and screamed "6-7 more years of depression...sell sell sell, short short short" ended up bankrupt.

Warren Buffett loading up with both fists. Me thinks he knows more than young kids on CNBC saying the same shit that EVERYBODY else is saying and trying to pass it off as some sort of unique wisdom.

The SHEEP are fearful. People are selling stocks now like they were buying real estate in 2006. Barber shops, taxi cabs, and playgrounds were all saying "real estate never goes down" are now the same fools saying "we still have more recession ahead so therefore you shouldn't buy stocks paying 20% dividend yields." LOL!

Dow 8400....how long until Dow 10,000? The question is WHEN in 2009. Not if. Mark this post. :)