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Thread: Trading Economic News

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#103 (permalink)

11-11-2007, 06:05 AM

vnmonica

Member

Join Date: Dec 2006

Posts: 48

Quote:

Originally Posted by Ivanovich

That commentary seems extremely off. A 30% stock market correction?? I don't think so. This gentleman sounds like Cramer ranting for the Fed to cut cut cut. He's probably long oil, gold and short the dollar as well.

I agree with you, Ivanovich, I think his opinion is a bit too heavy sided. However, in reality, depression has happened before. I'm not certain "depression" could happen again to the extremes that it used to, but I don't have a crystal ball. Recession-yes, Depression-?!?

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