Interesting and scary. I think both of us are looking over the precipice and it is a looooooooooooooong way down. What will be most interesting is when the markets are ready to begin their decent. It could be anytime in the next 3 years. My guess is it will probably be timed with a parabolic top for gold and China.
Jan 4 - We have transitioned into a bear market. Completely different rules apply. May 23 - IMO, any price at/above this close makes a great Nasdaq/SP500 short.