20-30% bear market coming. The forward earnings are terrible, the only thing that kept this market going was trillions from the fed/zero interest rate and a robust china. We have neither and the fed is now out of ammo in this fight. Major deleveraging ahead.

My portfolio is 100% cash. I will back up the truck after the crash. Going to leave the 401k alone, have 30+ years to retire.

Last edited by LittleNicky; 09/05/15 05:36 PM.
Should probably ask Mr. Kierney. I guess if you're Italian, you should be in prison.
I've read the RICO Act, and I can tell you it's more appropriate...
for some of those guys over in Washington than it is for me or any of my fellas here