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  • rem_the_gem rem_the_gem Apr 6, 2008 11:07 PM Flag


    This is how things work. You sell in anticipation of a recession. Once the recession is upon you, then you buy in anticipation of the recovery.

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    • ymholzefrenchpudlaskyliquidator ymholzefrenchpudlaskyliquidator Apr 6, 2008 11:31 PM Flag

      Ah Dr. Watson, you bought into the CNBC shpiel!

      Yes, you are correct - markets bottom 6 motnhs before a recession ends.

      The problem Sherlock is the CNBC pundits and their follower sheep think the recession will be over in 6 months.

      Well, maybe I am an idiot, but I think we got at least 2 years to go and it will be the deepest recession since my grandpappy's Great Depression.

      If you think this will be over by the November Election, you may want to back up that pick up truck but if I am right, we aren't even in inning #2 of the great bear.

      One of us will be right and one of us will be wrong. I wish you all the best!

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