time to sit at the side of the road?, page-2

  1. 1,565 Posts.
    amory cannot recall a time where there was as much uncertainty (read pessimism) about as there is now. any editorial you come across, will tell you how we are on the edge of total collapse. the credit-bubble will burst, the US$ will be worthless, gold will go skyhigh. shortage of oil, copper, metals etc. the US hopelessly committed overseas. these are supposed to be documented facts, not just simply some unease at an overbought market and excessive p/e's. an unsustainable blowout in derivatives is the latest one, banks will fall over like ninepins.

    all I can say is: you wouldn't know it by looking at the market. not at the time of writing, anyway.

    ~/. .\~

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