> But I also have no idea when the bubble will burst.<......and for over a quarter century that mensa Prechter has had the same problem.......why after all these years and thousands of points up would you want to associate your thinking to the losers of history.....
Fact: Inflation adjusted, DJI is 30% below all time high. When I go to the stores,
I can't pay with DJI, I have to pay with cash.
If you surmised my post correctly, I am still long and will stay long until market starts to misbehave.
By saying "this will not end well" I am talking about a crash similar to 1987, 2001, 2009.
I do not mean to imply end of financial markets. World wide Inflationary boom is inevitable due to 1/2 of world's population in Asian countries growing economies.