Oh, don't take it so hard-I'm sure you(and the rest of us) will get over it.
I guess you just we're bearish enough. After all, it's only(particularly at this point)paper money.
But more seriously, yes we could see global financial armegeddon at any time, particularly later in the year.
However, as you also know, these things can (and generally do) turn just as quickly as they ensue, and the downside at this point, even if you ascribe to a high 4s-5.00 floor, is many orders of magnitude smaller than the upside.
A lot of big players are aware of the ultimate value here now, who weren't as little as 6 months ago.
I suspect these will provide the floor here.
Regards,
bw
