Felix, imo, ur a good financial journalist, but have a poor grip on market dynamics. Looking back at the data recessionary conditions were present over a year ago. And guess what, the market went down before that data appropriately showed how bad things were. (ie a leading indicator)
The market is up 20% from its lows because we had stocks like GOOG at level not justifiable.
Whatever your thinking on the market technicals, leave it for the traders because your concept of the market is wrong. But keep being a journalist, imo ur really good at it.
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Felix, imo, ur a good financial journalist, but have a poor grip on market dynamics. Looking back at the data recessionary conditions were present over a year ago. And guess what, the market went down before that data appropriately showed how bad things were. (ie a leading indicator)
Jan 08 15:08 pm
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All Comments by Echo To All »Why Aren't Stocks Falling? [View article]
The market is up 20% from its lows because we had stocks like GOOG at level not justifiable.
Whatever your thinking on the market technicals, leave it for the traders because your concept of the market is wrong. But keep being a journalist, imo ur really good at it.