[arete]

Ironically, I feel less secure with the markets going up than I did with them going down. I guess with them going down, they were at least acknowledging the problems.

Richard W.

[DarkWaters]

Then there is the dollar. Still falling and a little to fast for my liking. It seems that foreigners are beginning to wake up. Not good.

[steveegg]

Ironically, I feel less secure with the markets going up than I did with them going down. I guess with them going down, they were at least acknowledging the problems.

That would be an interesting way to look at it; however, I don't think they were acknowledging problems as much as they were driving it down to further shake confidence in the economy as a whole.

I personally look for a 4th-quarter bloodbath to extend through, say May 2004. All of the same economic players that cost Bush I in 1992 are back, and private debt simply exploded over the last decade.