Quote from S2007S:
I have to say the chances of seeing march lows again are about a 99.9% chance. Just the thought of a second stimulus should drop the markets 10%. What makes you think that by 2012 the markets will trend higher, look at the nasdaq and the tech bubble, its still 70% off from its highs set 8 long years ago, 8 years later tech still cant get back to levels seen in 2000. The DOT com bubble knocked out $5 TRILLION worth of market value. This latest credit crisis has cost house holds $14 TRILLION. The Dot com fallout did hit the economy hard however this latest crisis is the greatest ever to touch down on this economy. A turn around in this economy is at least a decade away. The only way to prop the markets higher is with stimulus and the great printing press that will only cause more problems as we move forward.