Replies to post #113625 on Biotech Values

[linhdtu]

Eventually the double dippers will be proven true.

The issue is how long before it will happen or when .

So far, double dippers have been , to my awareness, sounding the alarm since early 2010 or perhaps mid yr 2010 when the dow actually fell back because due to concern about the economy double dipping.

However, since the low of last july, the sp has gone up 30%, more if you are leveraged.

The higher the sp grinds up, the louder the double dipper will sound: cognitive dissonance requires it.

[bladerunner1717]

Posting articles and/or excerpts from articles about the possibility of a double-dip is not the same as as saying that's my opinion. I try to maintain an open mind and to look at differing opinions about the state of the economy. Dew likes to set up straw men, so he can then knock them down. You seem to want to do the same thing. In fact, I've always been in the "muddle-through" category.

If you're willing to stick your neck out, instead of just criticizing others, why don't you offer some predictions on GDP growth over the next three quarters?

I will say that if unemployment stays at this level, real wages continue to decline, the prices of houses continue to deflate and food and energy prices continue to soar, all the while state and local governments are dealing with their budget crises, then I don't think 4th quarter growth is sustainable.

The stock market is another matter. I remain fully invested.

Good luck to you and have a nice weekend.


Bladerunner