Has the stock market ever been so high before a likely recession?

[Stephen C]

Perception is reality. When I was a 6th grader in the New York Metro area we subscribed to the NY Times. We picked a stock and tracked it, graphed its ups and downs, and found out about the companies workings. It was a math, economics and social studies lesson. Back then, before the advent of computers, what happened in the stock market foretold what would happen 6 months down the road in real time. When a company hired 20.000 people its stock went through the roof. That happens now when 20,000 people are laid off. The world has been tipped on its head. During WWII, the war revived our depression economy. This war has completely drained it(mostly because we are no longer an industrial economy). Its all a house of cards. Some idiot from CNBC says calm down and the greedy go on a buying spree. You also need to take International and instiutional stock purchasing into account. Now that computers are responsible for much purchasing, everything is instantaneous. What happens in our market is instantly felt worldwide and vice versa. We who don't own stock will not fall as hard when the house of cards is blown over by the winds of change this recession will, no doubt bring