Good topic, and bound to be met with a wave of anger. I have no idea where prices will go next, but I can say that I look at both sides of the argument constantly. One sided thinking has never made me any money. A lack of willingness to acknowledge even a chance that one’s opinion could be wrong is rarely a trait of successful people that I have met. The fact that you are itleast willing to consider that a crash may not happen bodes well for your investment future.

The news is horredous everywhere, but what matters is what price actually does as a reaction to it, not what it should do. We have had awful volume for a long time now, and prices have not gone down much. If somehow prices hold up over the next year in the face of this avalanche of negative news, that would be a very bullish sign. I do not know if they will or not, but I am willing to consider that it is a possibility.

Put your helmet on, you may get hammered suggesting this.