dude ..if i had a dollar for everyone that sounded exactly like you in 1997-2000 ....i'd be a billionaire !!! "nasdaq going to 10k !!" its the new economy !! ..the internet ...fiber optics ... JDSU to 1000 !!! AMZN to 2000!! .. Business to Business !!! ARBA to 500!! ..
But, the way you think you'll have lost 75% of your (paper) profits before recognizing the bear. When will you sell?
Whats wrong the Aug correction wasn't enough ? Maybe we need a true market collapse to make everyone happy, but i can say on thing it (for right or wrong reasons) not happing on bernanke's watch
We're already in a bear market. In real terms the US stock market is down 10% in the last 1 yr period. Inflation and dollar devaluation are a beautiful trick. You'll never make any money long term shorting the US equities market, not on Bernanke's watch. http://finance.yahoo.com/q/bc?t=1y&s=SPY&l=on&z=m&q=l&c=fxa
Rising commodity prices are non-inflationary - I guess that means rising prices of the by products of commodities like food, energy, clothing, construction materials isn't inflationary either.. Gas and Energy prices may be in line with the true rate of inflation, just not the one reported by the government. 20-40 cents per year can result in 5.00 a gallon in 5 years. I think we would get demand destruction by 4.00 and the consumer is hurt the worst, everybody else passes on the cost! Heating oil wont strain the consumer because they will die of exposure and frostbite first!! I swear sometimes I think you are some funky economics professor's study in trolling! 11Blade