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Reply #9: This is part of a cycle [View All]

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gristy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-22-10 05:51 PM
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9. This is part of a cycle
We will hear these awful pronouncements for another 6 months or so until the market has been pushed down as far as it can go and the people who drive this narrative are completely invested in stocks. Then we will miraculously "turn this recession around", or so the media and pundits will tell us, and there will be a clamoring for stocks. A virtual stampede to get into stocks. In 6 months or so after the market has increased 20%, the people who drive this narrative will unload their stock and then start the pessimism meme again. It never ends, and the folks who always come out ahead are the people driving the narrative.
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