posted on Jun, 6 2013 @ 01:56 PM
reply to post by mindlessbrainpower89
I completely agree with mindlessbrainpower89's post. As someone looking for a job, and been looking, I can say that yes jobs are hard to come by(as I
write this, I should probably be looking for one); I've even had a CEO helping me with my resume tell me the same thing: Jobs just aren't there.
The economy isn't as great as everyone is trying to make it out. Sure there's some improvement but it's nothing like it was. The true job report
doesn't account for people who are disenfranchised, or have given up finding a job. I found this while trying to find the real unemployment rate:
Basically the government has
decided that if you've given up, you don't count in their numbers which is a nice way to make a bad situation seem better than it is.
I agree that the market does react to how well a business does, but a company can get around that. If I want my stock to go up, I can just go out into
the market and start buying it back.
As for Gortex's post, I think its possible that a crash could happen, although I would call it more of a correction instead though(hope for a
correction might be more accurate though). I put stop-loss orders on all my stocks months ago mostly because the financial statements, while good,
would eventually start to not me expectations therefore dropping the stocks; I was also reading some doom and gloom stuff and decided I'd rather not
get burned again.
The market is cyclical, so eventually there will be another crash, another bull run, another time when it goes up for a few years and then goes back
down, then more prosperity, then a crash, and on, and on, and on.