XJO - Bear Posts only (Factors which might cause the markets to fall), page-22823

I accept that, but it seems like you came on here to bash the bear case.

As far as I am concerned (and I did change my stance a while back), is the overall global economy is crashing but markets do take a lot longer to work it out. The problem is, once they do work it out, they correct faster than most are aware and able to position for the gains to come. Presently I am around 50/50 for up and down positions, but I base these on individual company moves. @ProfessorBen is the expert IMO of index moves, and his posts are generally accurate.

On a side note, how about LyinAss (LYC). Near time to take profits I think. Had a very nice run but is this being overextended. Most likely, now about timing an exit.