re: 2000, 80% of people lost 50% of their $. best thing they could to is crash the whole thing tonight. get it over with, wash this market clean. Bernanke will not stop raising rates. Fed raises rates and how does the Dow respond? By leaping 100 points and cheering. No respect. Bernanke will raise rates by sheetloads to save the US dollar from tanking. He must make the World buy the dollar or the US economy goes straight to hell. Only way to do this is to make the cash rate attractive. More attractive than buying gold instead.
They should just crash it tonight then the 30 year bond auction would be a smashing success as everyone would buy them. Sharemarket insignificant in size comapred to the bond market.
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