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11-16-2009, 11:25 AM
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#1
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2006
Posts: 12,880
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Recovering 2007 Levels?
Am I misunderstanding this headline -- it doesn't look like we're near 2007 levels?
headline.jpg
chart.jpg
__________________
Al
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11-16-2009, 11:33 AM
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#2
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,498
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It can't mean that we are at 2007 highs, yet, because we aren't. I think it just means that we are headed in that direction. (?) I think it is a confusing title as well!
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Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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11-16-2009, 12:07 PM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,886
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It is not confusing, it is wrong.
We are not at 2007 levels, not the highs, not the lows, not anything in between.
-ERD50
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11-16-2009, 12:29 PM
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#4
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,498
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 Quote:
Originally Posted by ERD50
It is not confusing, it is wrong.
We are not at 2007 levels, not the highs, not the lows, not anything in between.
-ERD50
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It says we are recoverING '07 levels, not that we have recoverED '07 levels. Tricky wording.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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11-16-2009, 12:31 PM
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#5
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2007
Location: Denver, Colorado
Posts: 6,258
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Well, both 2007 and 2009 take the same number of keystrokes during their respective years. That's probably what they mean.
__________________
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
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11-16-2009, 01:09 PM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,886
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Quote:
Originally Posted by W2R
It says we are recoverING '07 levels, not that we have recoverED '07 levels. Tricky wording.
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Right 
And I'm lookING like Brad Pitt ; 
 - ERD50
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11-16-2009, 03:22 PM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,139
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It's just plain wrong. IMO "recovering" implies strongly that you are in the ballpark. 1100 is NOT in the ballpark and before 2008 had been left behind in 2003(?). Clearly you have to be above 1300 if not 1400 to be able to talk about being the the ballpark of 2007 levels!!!
Sloppy, sloppy, sloppy! Bad journalism!
Audrey
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11-16-2009, 04:05 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Jul 2006
Posts: 1,901
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__________________
“I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said” Alan Greenspan
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11-16-2009, 04:20 PM
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#9
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Moderator Emeritus
Join Date: Jun 2007
Location: At The Cafe
Posts: 6,873
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2007 is sooooo last year. Not.
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