alan kohler says biggest correction since 1987, page-22

SB2000,

unfortunately, markets do not always bounce back and go up in the long run. And this is from the biggest bull you'll ever meet. I quit my job at Macquarie Bank in 2006 to trade full-time because I was making a lot more money investing and trading than at MBL. But now I have to tell you, nobody knows where the market is heading.

Japan hit 39,000 in the 80's, now, 20 years later it is still under 14,000. Our market is turning into a bear market, the US is already in one, and good luck to all the posters saying we will bounce right now.