As of 1-8-08 We are officially in a BEAR MARKET, the stock market has been critically wounded and is going to die a slow and painful death. Protect yourself, protect your family, protect your assets (401k, IRA and MMA accounts), move to cash or buy stocks on the short side. If you can't short stocks, buy SDS and TWM (these go up when the market goes down as they are reverse traded ultra-shorts of the SP500 and Russ2K index). We are only in the very beginning of a HUGE recession leading to the greatest depression the world has ever seen. Get mentally prepared for the use of food stamps, soup lines, surge in neighborhood theft, violent crime and suicides (thanks to the SSRI drugs being prescribed because of mass depression).
Get mentally prepared for the 3 stages of bear markets and read this.
BRACE FOR IMPACT NOW.
YOU HAVE BEEN WARNED.