Why did you take a few paragraphs from a webpage posted on July 12, 2002 by "Adam Hamilton", titled "S&P 500 Slow-Motion Crash", and posted here on ET as if this was your own assertion... and give no credit to the original author?
Are you telling us you are Adam Hamilton?
And what is the point of reciting something seen/forecasted in 2002 as if this is today's situation?