I can't help but wonder if the end of the bear market will come when everyone takes responsibility for their own trading/investing, and not looking for someone else to blame.
Chairman Greenspan has a lot more on his plate than worrying about the effect on stocks in isolation of all other factors. Did anyone heed his warnings starting in 1998?
Not that he and I agree on every detail, but when it comes to trading/investing (thinking valuation, sectors, trends, and technical/fundamental market factors), he only plays a small part of the consideration and shouldn't accept anymore blame than he contributes to trading decisions.
Something to think about anyway.
Sam