If you're account blew up, yeah. Kind of like what they say about being unemployed: it's a recession when your neighbor loses his job, and a depression when you lose yours.
The world is not ending. The attached is a comparison of some of the major averages since the 1st of the year. CSSGX is a Fund that tries to track the IBD-100 (and doesn't do well in that attempt) Take a look at the February correction. Jack
Yes, the paradigm shift in living standards is coming. For the majority of americans, it won't happen this year, give it 2 more years for the malaise to really set in. Lots of time to prepare. However, for this guy, it's already begun. <object width="425" height="350"><param name="movie" value="http://www.youtube.com/v/SejeITkaOWc"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/SejeITkaOWc" type="application/x-shockwave-flash" wmode="transparent" width="425" height="350"></embed></object>