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Is This Recovery Fragile or Double Dip?
It looks like L is out of the question now. So do you see a U, V or a W (double dip) recovery happening here and where are we right now?
Anyone thinking that a worse crash could yet happen? |
/ To be honest.
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forward slash?
Means to be honest you couldnt give a piss? |
I'm thinking we're in the clear... but you know.... anyhing could happen.
I'll be investing big next month and be trying to make my fortune. |
I think we are looking at a U. We will linger hear near the bottom for a little while longer, then slow start the climb back up.
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The rally begun last march...
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Swine flu scare during busy sales season = really bad retail sales. First of the year if they make it that far we'll see a flood of new retail chain closures and many more people out of a job. Auto sales are dismal after the money giveaways and most of the dealers still haven't received most of their money for new inventory. An already very unstable commercial mortgage market which could be compounded if more chains pack it up and the FDIC saying bank closures will speed up rapidly. I guess I could go on and on but to sum it up it's not looking good from where I'm sitting.
Then again you never know what they'll pull out of the g20 meeting this week. May just give us all a billion dollars each and we can live happily ever after.. lol yeah right |
Sure but if a major bank goes under or has to be rescued, can you imagine how the markets will react?
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