Comments on: Will 2009 Be A Good Year For Stocks?

By: Chiko

Chiko — Fri, 09 Jan 2009 19:33:01 +0000

I also think stock will do well this year. But to me stocks have always do well because I focus on trading penny stock and usually make a gain of about 20-60% weekly. I invested in DORB this week at .09 and it’s already hit a high this week at .18.

By: Joe Scherb

Joe Scherb — Fri, 09 Jan 2009 19:02:09 +0000

Nice post. Thanks for the introduction to Nassim Nicholas Taleb. I’m fascinated by the the effect and perception of normal variation on real life, so I’ll definitely read more of his writings.

By: NorCalSavant

NorCalSavant — Fri, 09 Jan 2009 00:56:32 +0000

It’s a good bet that the recession will end someday. By historical accounts, the stock market will head north about six months before then. So, it’s likely the stock market indices on December 31, 2009 will be higher than those on January 1, 2009 unless recession is still going strong mid 2010 or the end were to be so late and recovery so anemic that the indices haven’t climbed out of the hole. At this time, I won’t completely discount either scenario. I acknowledge that the conventional wisdom right now is that the recession will end by the third quarter of 09.

The Newshour interview was very interesting, but whereas turbulence can cause chaos easier in an unregulated complex system like the atmosphere, it may not have the same log-term effect in economic systems, however complex, because of the massive power of governments to regulate.

By: Ben Moreno

Ben Moreno — Wed, 07 Jan 2009 17:30:54 +0000

It’s nice to hear some good news for once. I did see this panel of economists that were addressing the congress and they said that the recession should end roughly around the third quarter of 2009. They said that is only if we do a bail out. Well, we are, so they may be on track.

I will believe it if I see it. There is so much nonsense thrown around the media that it is hard to trust anything.