I agree orchastrating a crash is the best way to reset everything at this juncture, the dollar needs to bounce further north and the rates need to come down to boost into 2008...
I was also expecting this going into the 4.5 yr cycle low this year down to 1280-1300 area, we spoke about this here many times, I didn't even expect a rally from the March lows to new highs, it is the short interest that kept the market high and climbing higher, even now...
This decline should not be over unless the market goes sideways for months and months and I doubt it will do any good for the elections...
The biggest winner after all you know who is?
BX
BX looks bouncy here, btw.