I have this weird theory, before you can have a market down turn you have to have the majority of side line money invested, my guess is we are not there yet (that way the few in the in-crowd can take advantage), (I know it’s just me),
anyway, My other theory is there is no way they are going to let anything derail the economy right now, china is about all done propping up the world economy so we are the only thing standing in the way of a worldwide collapses, there is no way in heck they are going to let that happen, my guess is Europe will continue to find miraculous and endless sources for buying their bonds no matter how ugly things get until we are in full recovery mode. Anyway that’s my theory (I know it’s just me).