re: gloabal market crash, thing of the past...
One thing I have noticed on HC comments in the past couple of years is that there is going to be a "1987 like market crash" that has never eventuated.
I can't see the point in this as these speculations are pointless and are for me anyway, becoming tiresome.
I have yet to see any real justification for this and I am sure nobody can really pick a crash.
I just concentrate on stock which I believe have good fundamentals, cash flow and also a good stock that I can write covered calls with.