With the SPX down about 20% from its Oct 2007 highs, at this rate the SPX will be around 1071 at the end of December. I think I'll sell my stocks, house and SUV, buy US T-Bills and live in a cave.
I hear you! I've already done the same, except for the cave part. I think you can call my mom's house a cave, though. I'm 41. Psyche
Anyone believing that would simply short the hell out of the market or short futures for DEC or buy inverse ETFs. Sticking your head in the sand misses out.