Replies to post #1462 on Ariad Pharmaceuticals Inc fka ARIA

[BTH]

the "problem" with this day/age is that everyone has access to the internet and everyone has an opinion, and the media is in your face day after day after day talking about how miserable everything is (i am a big fan of the internet bc i think it has made people a lot more intelligent/socialized). HOWEVER, I would love to know what the "state of the economy" would be if there wasn't an internet and media in your face 24/7 talking doom and gloom.

My point being: would the economy really be "that bad"? Would people just go about their normal lives and not be 'doom and gloom' all the time?

Would be an interesting social experiment.

I do not think the media is helping this economy one single bit. I can guanantee you that if they pitched a story of "great news" daily it would increase investor/consumer sentiment so they will go out and spend, and enjoy their lives, rather than hunkering down in a bunker.

Small caps including ARIA will get killed (despite any "good news") if there is a free for all dumping in September.

[bladerunner1717]

LOLOLOL, Bellweather.

Well, he's certainly not as bearish as Rosenberg who sees a 100% chance of a double-dip. Although, Rosenberg sees this as a secular bear, so, in his mind, we never recovered from the first recession/depression. The bond market seems in agreement with his bearish assessment on equities. Rosenberg sees the DOW at 9000 by the end of the year, so, if he is right, then we may see a "capitulation" down day (over 500 points on the DOW), probably sometime in September or very early October. (I think we could rebound after that.) In this scenario, small-caps will be hit very hard. Even positive news may not be able to withstand such an onslaught.

We'll have to wait and see, but it won't be a long wait. Not everyone, of course, is as bearish as Rosenberg, but the prospects for equities in the very near-term don't seem very bullish to me (even if Bernanke pulls a few tricks out of his bag).


Bladerunner