why i am still bearish, page-2

Hi jmeery very well articulated, I agree with the gist of your post and am also short term bearish the markets but long term bullish for commodities. The thing is you can be right long term but if you get the timing wrong short/medium term you either miss a lot of upside profits or you get steamrolled by shorting.

Many of the issues you raised, which are 100% valid, have been with us for many years now but anyone who stayed out of the market for that time would have lost out badly. So timing is everything, when to sit on the sidelines? It's much like our own current account deficit and rising foreign debt, we have continued down this path for 2 decades and although it should matter, it doesn't seem to....I guess it will continue that way until there is some paradigm shift in thinking, perhaps that lending to US government does carry risk, or that national debt becomes too great a burden to carry without a default. But when is that tipping point?

I wouldn't be surprised if we are still talking about these same problems in another couple of years, meantime it just goes on and on, deeper and deeper but nothing has changed.