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-   -   Merrill Lynch: "We're In A Recession" (http://www.striped-bass.com/Stripertalk/showthread.php?t=46059)

fishpoopoo 01-17-2008 02:34 PM

Quote:

Originally Posted by Back Beach (Post 556075)
If its being baked in, I would anticipate a bounce off the March lows ...

i think at some point you could get a short term relief rally, but the trend would continue downwards after a few months. we're not there yet, methinks.

i'm a little confused as to why certain economists are looking to the second half of the year for the economy to rebound, given that housing woes (delinquencies and defaults) are really just starting to take off, and credit card and other installment loans (car loans, etc) are also showing signs of weakness.

:bc:

oh well, at least if the economy tanks, gas might get a little cheaper.

my profound question for you all:

will custom wood continue to sell for $50/pop? :hihi:

:bc:

Back Beach 01-21-2008 01:40 PM

Look out below tomorrow. Overseas markets got crushed today, many experiencing 5-7% one day declines. :behead:

50 handle on wood is baked in....:laugha:

fishpoopoo 01-21-2008 04:15 PM

i suspect beachmasters will go on sale in a few months. :faga:

fishpoopoo 01-21-2008 04:25 PM

holy crap bbj, you weren't kidding.

cash market is closed today, but ...

dow futures are down 500 (FIVE FRICKIN HUNDRED POINTS)!

s&p futures are down 60 (SIXTY FREAKING POINTS)!

gonna get UGLEEEEEEE tomorrow at 9:30 a.m. EST.

striperman36 01-21-2008 06:50 PM

Big FishPOOPOO in the market tomorrow.

Jenn 01-21-2008 07:36 PM

well I dont understand all that stock market stuff but I sure am glad my 401K did so well last year:uhoh::rollem:

fishpoopoo 01-21-2008 08:13 PM

jenn, hopefully our 401k's don't become 201k's. :err:

Swimmer 01-21-2008 10:03 PM

Cash is king at least for the moment..........:grins:

Nebe 01-22-2008 02:45 PM

Quote:

Originally Posted by Swimmer (Post 557754)
Cash is king at least for the moment..........:grins:

your cash is worth a lot less than it was a few years ago.. :D

striperman36 01-22-2008 03:26 PM

Quote:

Originally Posted by fishpoopoo (Post 557711)
jenn, hopefully our 401k's don't become 201k's. :err:

Looking not bad today. Felt like it was going to 201K last week

Raven 01-23-2008 05:11 AM

when
 
a guy i used to work for

who's one of the best quality carpenters in the state of MASS

has to go to work as an employee instead of a contractor

and hasn't had his phone ring for months...

I also know an electrician whose phone hasn't rung for 4 months


it becomes an issue of public perception not stock market analysis

because the public is always very apprehensive during an election year

http://i25.photobucket.com/albums/c66/ravenob1/poll.jpg

until homeowners start hiring skilled laborers again to upgrade their homes
the economy is gonna be lousey

so pray for an early spring


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