Vobogeck

Forget the 1930s; We're Reliving 1975 (Part 1)

I remember the 1973-75 recession well too and agree with Ferdinand E that there was not as much wailing and gnashing of teeth. Of course then we didn't have CNBC and internet blogs screaming at us 24/7.

10 Reasons Why We Still Haven't Hit Bottom

TEN REASONS WHY WE HAVE HIT BOTTOM:

1. Bearish posts on Seeking Alpha are coming thick and fast.
2. Everyone is saying "buy and hold is dead."
3. The press is full of "sky is falling" stories .
4. The Fed is swamping the market with liquidity yet no one is saying "you can't fight the Fed" anymore.
5. Most investors have given up hope.
6. House building has ground to a near-halt.
7. Oil prices are moving up again.
8. Australian coal contracts settled much higher than analysts expected.
9. The US dollar is finally weakening and will fall further as the fear driven "flight to safety" reverses. Cheaper dollar will improve US exports.
10. Everyone is in cash, and the market quite often moves in a direction to hurt the most people.

Five Impossible Thoughts After Breakfast

What a load of bullshit!

Comparing This Past Week to the '87 Crash

Instead of focussing on the single week losses, investors should focus on the third column. Only GM is a long-term loser.