futuresjackal, I am way out of equities with no thought to return. I have been in the market for two decades, seen and done a lot, made millions on two occasions starting from didly squat, and today I sold out of my only company, GMO.....the evidence is overwhelming, we are beginning the next mega leg down in this huge generational bear market.....which, when it is over, will have destroy a generation of investors, and will make the last two mega bears, those of the thirties and 70's, seem like little cubbies....MFN will be cut AT LEAST IN HALF FROM CURRENT LEVELS, and at some point I look for the miners to be the only sector worth owning, but for now, gold is a commodity and commodities get their collective throats slashed in severe recessions.....and it is gonna be a bad one...
