hmmm

Been a long morning..... I'm ready for the weekend... I haven't cracked out the last 20% of the WSJ today....

I keep hearing references to 1987... which is lame..... the reason for 87 was the idea of "portfolio insurance" which was the idea that the market would never crash....

sound like the real estate market a year ago.....

anytime someone says "this could never happen" I'd almost bet on it..... when you turn your eyes away from something and aren't cautious about it..... it becomes more probable.

it's why a 1930's scenario isn't impossible, and neither is hyperinflation.

or an unheard of financial crisis unseen in our life time..... it does seem like it's time for it...

but maybe 6 months......

WTF do I know.... we could reverse and go to the moon today.