RAJS

2009 Is Looking an Awful Lot Like 2008

If the market leads the economy we should be doing now because Nasdaq was 5000 and Japanese market was 50,000 many years back. Any thoughts?

HChang wrote:

1. Stock market leads the economy or improving fundamentals, not the other way round as someone mentioned here.
2. The crowd and economists or experts are often wrong.
3. The worst is over. Recovery may be slow, but many will regret sitting on the sideline, waiting and waiting. Many of you already missed the first run up, do you want to miss the # 2 and #3? The way you guys are spreadng fear, there is alot of caution in the market. So I don't think it will crash again.
4. We cannot catch the timing, so it's better to invest near the bottom or after recovery is confirmed, like right now and sit through for a few years.
It's alright if you don't agree, but I'm doing that, still sitting on my paper profit, when everyone say the worst has YET to come at the beginning of this year, why are you buying, you stupid??. I just laughed....wait and see what happened.

Why It's Actually Different This Time

Very well said. We should remember that in case of Japan, it was more or less 'one country problem' and they could export (sell goods) to other countries (US and Europe). In the present case all the countries have the same problem and can not export to other countries. Thus in present case the problem may take forever, since Japan is still not out of it.