A sudden correction right after QE3 is tapered would be a beautiful thing and a hell of a buying opportunity. The more so if it’s driven by Iraq going insane and pushing oil up to $200/bbl, which would be good for the alternative energy industry (I support a total fossil fuel phase-out in 20 years).
This being said, I don’t have a 401K, but I’m doing fine trading stocks of companies that actually provide value. Beats working!
