I am happy when the market goes up because, in general, my 401k does well.
To be honest, ideally I would like to see the US continue to expand because we are switching from a consumption national to a production nation (go GM!)…not that that will happen. I think a lot of people on this board are, like me, pissed off they have been priced out of the housing market (In my case I could still afford a house but I refuse to pay a mortgage so out of whack with rents) and they want to see a correction to quicken the pace of housing price changes.