hollowman

Payrolls Drop - And You Ain't Seen Nothin' Yet

Rob, it's 'normal' in terms that it will be a recession, and not the Great Depression.

I've been through everything from the 70's stagflation to the 'W' ressesion in the 80's. Even in the 90's I heard some screaming that we were headed back to the 30's.

And I totally agree on your points. Bush has faced several major tests and has failed each one miserably. Do people have to be reminded how long it took for him to realize that New Orleans was actually in trouble.

Payrolls Drop - And You Ain't Seen Nothin' Yet

The data is what it is, nothing more nothing less. It's time to stop being either bull or bear, and take a hard look at what is going on.

Despite the CC, this seems to be progressing like a very normal recession. It may take a bit longer to come out of, but it isn't anything we haven't seen before. The only real question is how long will the down turn take? 2Qtrs? 4?

Seems you need to plan your trading strategy with this in mind.