Perhaps, but I think its far deeper than that.
The western economy has a myriad of problems -- credit, liquidity and housing. The FED can't print any more money as its rendering the USD to the point of useless.
For the bull market to begin - it needs a stimulus package and a massive flush out of debt. For the bull begin market conditions doesn;t necessarily need to be perfect but at least to the brink of heealthy will suffice.
DOW 9,000 is definitely not an impossibility.
Moved from the "United States" forum. Original message number: 672
iran holds key to rebound, page-2
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