Afternoon Folks!!
I started saying the recession was over with this post on June 9th. And I have written about it since with this one and this one and finally recapped my thoughts here. The CRASH of 2008 is over. Now time to get on with it!!
Now again this does not mean the PAIN is gone nor is it over. What is does mean is I see a DISTINCT parallel with post bubble crash. However this parallel is MUCH bigger and much stronger than the counterpart of 2003-2004. But like a MIRROR I see many similarities between the two decades.
We are now entering a post crash ERA. We are truly in the gravitational pull of that 20 year plan I have talked of for 18 years. It is just the "Gestation period" anything this big of a change takes. Not that visionary. Just a keen understanding of how long it takes something to mature and bear the most fruit.
It is amazing how waves happen and how they are predictable and how YOU should make a FORTUNE in what is to come. What we KNOW and what we have LEARNED is just now emerging to the vast majority. It comes in the form of stories like this that Mike Berkens reported on from the Huffington Post showing the world of type in traffic and just how MASSIVE it is.
At this exact time in 2008 things were spinning out of control. Today they are IN CONTROL and that is making the difference even tho watching it is like watching sausage being made. We are in for a BULL RUN the likes of which we have never seen.
Not everyone thrives nor survives in a Bull Run as many get trampled because they never saw it coming. So consolidation is the result and that makes companies bigger and stronger and that just feeds the beast.
Things don't happen overnight. But then again they do. In general this is a process that will take 2 years to build up a head of steam. You are witnessing a surge right now and it will be followed by a mightier surge and a rising tide. It is visible and it is obvious.
Given that, it is up to each of us to take advantage and make HAY when the sun shines. When you do that, you don't have to sweat good and bad times because you are riding the wave instead of being overcome by it.
Yes, it is true that many are struggling and may continue to struggle. But don't accept that things are not improving. They are and soon it will be dramatically evident. By then you will have lost precious time. This is the time to lean forward. There are big deals being done. Business is moving again. Decisions are being made and most importantly there is more understanding.
There are plenty of challenges to come but now we can overcome them because the recession is over and the companies have adapted to a new way of doing business. Therefore a windfall of activity is already in process. Grab your share!
Rick Schwartz
BullS
Did you miss my memo that DJ will hit 16K+ this year and if you did not get in since 2010, I DO NOT feel sorry for you but I feel your $$$$pain.
This is one of the best BULL$$$ run of the century!
It is a great time to partake these moments-
stocks, real estate, domains, marijuana, and etc etc- all good things are happening which mean $$$$$
Watch out for “Back to School”-people are spending, people are buying cars- people want to enjoy life-have fun!!
Jeff Schneider
Hello Rick,
I could not agree with you more.
The Fundamental underpinnings of this Secular Bull will continue to confound the pundits. Buy good quality growth stocks on any and all corrections and if you want to turbo charge your ROIs buy good quality .COM Profit Centers that are destined to be big internet capital Market structures.
Gratefully, Jeff schneider (Contact Group) (Metal Tiger)
Jeff schneider
I might add for those interested, ( NQ) looks super under 20$ a share. (NQ) should be bought aggressively on any pullbacks under 20$ a share. 8/1/13 JAS
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger)
UFO
Must agree. Everything I see points to a seriously huge bull market. The only issue is the level of inflation that will accompany it. I don’t believe for a moment that they will try to reign in inflation esp leading into the next round of political elections and the massive emphasis of the EU trying to keep itself together.
This Christmas sales will give people hope that things are still maintaining course but after next Feb I think we’ll see rocket type acceleration, there is simply so much money sitting around on the sidelines and so much latent lending capability in the banks that we’ll see a mad rush for quality investments.
I do think though around 2018 to 2020 we’re in for a bigger crash than 2008 but as always make hay while the sun shines and look for those precursors to the inevitable thunderstorm.
UFO
Nb: In terms of type in’s. From my analysis there’s loads of false positives with uniques. CPanel and Google analytics all get it wrong and I’m sure any other software gets it wrong as well. (Google is pretty good though). The easiest way to test is have a landing page with 1 image on. A true manual type in will generate 2 hits, bot traffic that generate uniques virtually always seem to only generate 1.
I think people don’t realise that true type in’s are lower than they really think.
Things have changed with users, notably less direct navigation and more direct navigation by putting the URL into a SE!
Its also important to see how the SE’s now direct users with their search requests.
Red
No way – this is not a long term bull market. Ben keeps printing dollars…I sold all of my stock holdings…get ready for a big crash. I’m willing to admit…not sure if you are…that I could be wrong because no one can predict the market.
Joseph Pippin
You’re right: “Things don’t happen overnight” BUT AGAIN THEY WILL! I’ve been following our historical US economics since the crash of 08 with the likes of Michael Feroli of JPMorgan Chase & Co and Ethan Harris of Bank of America Merrill Lynch, just to name a few. They predicated in 09 that the recession would tide over in late 2013. And here we are right where they said we’d be. But…..they also predicted that the climb back to FULL economic growth will not happen until 2020. In light of this information, I commend you for you insight. Anybody who has half a brain will instinctively invest in his or her future. I think I’ll buy a few more Domain Names!
UFO
Red – Ben can keep on printing dollars for ever and a day. All those dollars MUST go somewhere. Thats why the stockmarket can increase exponentially if Ben wants it to. Same with property, thats the biggest sump for excess cash which then gives rise to additional debt capability and so on and so on.
If you don’t think there’s going to be a boom and you’re completely out of the market then the only way you can avoid risk is to be holding cash and I can assure you that asset inflation will destroy that pretty quickly in the next 5 years.
You have to play the volitality in the markets because ultimately you cannot escape its effects. More cash = Asset inflation. (Esp Hold debt and see it amortised)
Cyborg
I am excited about the future of the internet and there are some really awesome ideas out there being developed…at least by me there sure are! Don’t need a prophet to tell me that! lol!
ircyb.org
ipcyb.org
urld.us and urld.me
Thanks for the affirmations of the domain market Rick! I feel even better now about my humble little herd of IP gems.
Cheers!
Red
UFO – remember the late 70s? I do…I remember double digit interest rates…too much printing of money can create hyper inflation…there is a sweet spot…Ben is doing a good job in a way…but one wrong move and we head towards a major recession again. In regards to putting money somewhere to keep up with inflation while staying out of an over heated stock market…real estate…my own home paid with cash…and short term corporate bonds, etc.
steve
Yes my genius will make me money. But the government is destroying it from all angles. I am not worried about myself. What I see in everyone else is like the walking dead. This world is about to crash under severe stupidity. Add on top of that the mountain of greed and its 100% game over. Better find a rock to hide under.
Jeff schneider
We are all experiencing a industry group rotational correction within a Secular Bull Market. BUY into worst of the fear.
August 1st, 2013
I might add for those interested, ( NQ) looks super under 20$ a share. (NQ) should be bought aggressively on any pullbacks under 20$ a share. 8/1/13 JAS
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger