Originally Posted by
80ktsClamp
Bar still believes strongly in a double dip recession, thus still thinking the company is going to come asking for concessions. Any surprise?
Actually, if you look at the 5 year S&P, Bar is not alone.
S&P 500 INDEX,RTH Index Chart - Yahoo! Finance
About a year ago, we had the start of a second dip, but due to QE2, it was delayed. We are in a dip right now and if the S&P support level of 1110 doesnt hold (which it has) we will definitely have a second (solid) dip. The reality of us entering a Japan style 20 year market malaise is quite real.