[Dog Gone]

No, the stock market doesn't determine anything. It's a reflection of the expectations and achievements of American businesses.

Why do you think that I'm for a long term stock market decline?

I don't know if you're FOR it, but you did say

I am surprised that ANYONE would believe that stocks are going to go up in the long term...

That certainly is a pretty strong implication that you think stocks WON'T go up, don't you think?

[rohry]

Easy answer, I'm not for a long term market decline, but I expect it. This doesn't mean that I am expecting us to become like Russia or Korea.

There is a bubble deflating out there. It needs to be pricked. Just because I believe that the stock market is toast doesn't mean that I'm for the decline. It's just that I believe that the market is ready for a decline...