Why is a correction a bad thing or something to be wished away? You don’t have to be long stocks if you don’t want to be, you know.
Better than an over-inflated, fellated, Obamanated, B.S. (Bernanke) market corrects 10-20% now than 50% in a year or two.
A correction or even a crash is just a buying opportunity. Personally, I hope the market doesn’t decrease further till the October Fed meeting, they taper to zero (and aren’t given an excuse to delay euthanasia of QE3), then the real correction starts!
Another 20% down on the NASDAQ will take us to mid-2013 territory. Not the end of the world.
