If you are going to start a thread asking why it should go down why dont you point out all the positives and catalysts going forward. I WANT TO hear your thoughts about the market going forward. I will give you mine after your done posting about how great the economy is....Start writing.
1. Financial Crises is over
2. Market is 8,000, not 10,000, not 12,000, but 8,000.
3. Fed is doing everything in its power to reflate assets.
4. Housing has bottomed most likely.
5. People are general not long yet.
6. Pessimism and doubt of the rally still proliferate.
It will never go down.... CNBCs Bob "Piss-on-me" just said that
1) Green Shoots all over the place
2) Less badder than bad is a lot better that companies actually solving their problems.
3) Shorts are running Scared
4) World peace has been declared
5) The banks, while complete insolvent... Have enough $ to pay big salaries, bonuses, and still get limo services to all their employees thanks to TARP...while completely diluting their floats and giving half stakes to the government.
6) And what isn't known.. is that Obama is the reincarnation of Jesus.