yousaidwhat

Why the Recession Is Over

Amen to that! I have been observing for over 10 years now that whatever the majority thinks is going to happen, never happens! In fact, more often it's just the opposite! The Y2K Scare was a classic example. The overwhelming negative response on this article is very encouraging to me. It tells me Mike is likely on the right track "The recession is over."

On Jul 08 10:01 AM MartyT wrote:

> Mr. Murphy,
>
> Thanks for the post it takes a lot of courage to make a post like
> that during times like these.
>
> I have no idea if we've bottomed out or not, but I've noticed that
> the bottom occurs when pessimism is at its highest. I think the fact
> that your post was met with overwhelming negativity is a clear indicator
> that pessimism is at a high point.
>
> My guess is that we are either teetering on the edge a total collapse
> of several of our systems or that you are correct and we are at the
> bottom. Assuming that we are at the bottom we may have a long, slow,
> painful climb up.
>
> Thanks again...
>
> Marty