PM
I have grown to really like you and you have 5 stars from me. But I just can not buy that history will repeat itself even if your facts are correct. Never in history has there been such reckless, leveraged black box type investing. If it moves, buy it mentality. Never in history has a government kept the true facts of money supply, inflation, and other economic facts hidden. Corporate greed, a Fed that is destroying our currency, a congress that is giving even more power to a bumbling Fed, and a country that has has an enemy that wills to destroy us even if it means Armageddon. We have forgotten the constitution and the rich are getting richer and the poor are getting poorer. What is to drive the economy. Wages are not even close to keeping up with inflation, jobs are being lost, the consumer is about out of credit. Our people have forgotten how to save, food stamps are going to more and more families, and our country keeps going furthur and furthur into debt. At what point will China pull the plug on financing our debt and assume world leadership in economic power.
I really hope you are right, but I still maintain we will see dow 10,000 before we see dow 15,000.
Goldfinger