I didn't go through all the posts. What is your definition of a recession? All industries going toward a downward spiral? There's definitely a recession in the Housing, Mortgage, and Banking industries. There will probably not be a recession in the oil business, because supplies are going to be low in the future.
Since Nov 2007 GOOG is down like 39% BIDU down 25% AAPL down 20% You were selling puts then too, and losing way more than you could possibly be making now... How much are you up for the year Papertrader?
Housing only constitutes less than 3 % of the GDP. So if this sector completely fails, we shall still make it. There is a real recession and there are lots of " imaginary recessions" and everyone has his own " recessions". Instead of addressing their doom and gloom people are calling it a recession!
Democrats will attribute anything to a depression or recession. Rising gas and foreclosures according to democrats are signs of a recession, while completely ignoring the abundant US exports and strong consumer spending.
I proved to these imbeciles that there is no recession yet. Now the markets are proving them there is no recession in terms of their continued losses on SPY puts ..
What exports? We have a 800 billion dollar trade defecit.. Exports mean DICK! Consumer spending, loose credit, business expansion IS OVER... Come back in a year and we'll see who's correct...
You only continue to prove how incessently STUPID you are... The market is making a bear market rally...that's great...it is great to be long in this environment.. this is inflation.. it's not growth.. Worse even, is that we ARE in a recession, as proven by 3 consecutive months of job losses...
We are in a recession, but its tough to convince people we are after the dow goes from 11750 to 12864 on some rate cuts and plenty of liquidity pumps to pump the hell out of the markets...