How many times have you posted that chart showing the 1929 stock market crash? How many times have you compared today with what happened during the Great Depression? I guess those comparisons show your optimism. You believe earnings are overstated, you blieve we must get down to a 13 PE ratio, but yet you are too afraid to say what that percisely means....well it means a sub-5000 DOW, there is no other way (unless you believe the economy is healthy and earning will grow, lol). You believe the market has to drop atleast another 35% or 'way down' as you usually say.
I have said for months and months the market will trade between 7500-10000 till well into next year. The breif period it did go below that range it immediately shot back up 1,000 points (one of the fastest 1,000 gains in the history of the market), or the exception that proved the rule. I state specific optimism, you state vague gloom and doom. You are not willing to predict anything specific, as far as time frames and ranges you believe.
I have been betting, since January 2000, that the market is going down...I have made money on that bet and that is all that matters to me. I'm not getting into some silly ego-driven prediction battle with you...