theStrangler
Short

Ah... China, and we've just begun - yellow line of despair

AMEX:SPY   SPDR S&P 500 ETF
We won't be getting higher than the yellow line any time soon.

With recent events around China's "real" numbers coming in (who knows what's real anymore?) and the issues around oil             production (which are NEVER going away b/c in 15 years we won't even need oil             anymore), the market is in a major, structure re-evaluation phase. Why?
1. Global unease in the old model of forever growth, which is unsustainable
2. QE x 17 or whatever and people realizing that money isn't actually worth             anything (currency)
3. All the old people (baby boomers) cashing in their retirement accounts so they can buy that giant bus conversion and finally go visit their grand kids.
4. Marijuana. If you want to decrease employee productivity... give it to them.
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