[EEGator]

Red herring. Anyhow, the doom and gloom crowd will always eventually be somewhat right. Though they probably missed the Dow from 6.4K to 17.4K ride.

These people are perpetually scaremongering. In weak people it causes a type of mental paralysis. They sit at home reading the same crap over and over. They would be better off reading nothing.

[trebb]

I understand where you're coming from, but it can't be denied that things are being manipulated to force globalization even though it may have the effect of bringing some Nations down to 'level the playing field". I missed a lot of the ride because I was approaching retirement and had already had my IRAs trashed twice - couldn't afford a third round of it. Now have a tidy sum in a plan that guarantees 6%, can go higher if the market ends up higher by the quarter or the year, and will not lose any principle if the market crashes.

I know it irritates you when folks predict the doom and gloom, but many of us were/are acting out of self-defense. Funny how the economy can suck so bad and the markets do the yo-yo deal time after time where the big money folks who can keep a minute-by-minute finger on the pulse (and even add impetus to the pulse in both directions) can keep vacuuming profits out in each direction. Why does it seem that we head for new highs and once a certain trigger point is reached, it all goes back down: time after time after time? It feels like the big players know there is a saturation point and that they can play all they want as long as they don't push it too far. The average person isn't well versed enough to know which signs are part of the "new normal flow" and when it might actually tumble down around their ears - hard to blame them for being skeptical after a couple bad burns..