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TFC Commodity Trading Forum

Re: Tiny BUBBLES
In Response To: Tiny BUBBLES *PIC* ()

Easy to say that a market running up is going to go down. But is it really a 'bubble' Lots of stocks have not regained their '2008' levels. Take for example Met life. It was over 70 dollars a share before the great recession. Got knocked down to the teens. In the last couple years it has doubled. Yet its still 20 dollars less than its heights. Is it in a bubble? US steel gained 50% in the last year, yet its $100 less than it was in 2008. Remember, if you lose 50%, it takes 100% recovery just to break even.

My thoughts
Billyp