What I don't think people realise is that a crash is almost certain. For the bulls out there, what is going to come and save the day for the US economy? One almighty crash could be the best thing for the US economy. It will give that debt ridden country a chance to wipe a clean slate. The dire situation in 2008 was only saved by cash injection. Guess what fellas, cash injection didn't work the first time, and it won't work now. Look out below.
I'm predicting more sideways pattern in the market for about 2-3 more months before Bernanke realises the horrible situation his country's economy is in. If all hell breaks lose, I can see the aussie market in the low 3000's in early 2011. Hate to say it, but it looks bad for the US and unfortunately, the world's markets will follow suit.
