Quote Originally Posted by Kahns Krazy View Post
S&P at 1,818, nearly 23% ahead of where it was when this thread started almost exactly a year ago.

My thought is that this is unsustainable. Short term interest rates are starting to turn, ever so slightly. When those rates start to move, I would think a lot of money would be coming out of equities and back into the bond and cash investment environment. I wouldn't think anything would happen quickly, but a flat to slightly down year in the equity markets would not surprise me. Given what has happened historically, it wouldn't surprise me if it means a market correction in the first half of the year followed by steady progress back to current levels by the end of the year.

I'm not selling anything right now, but I'm not buying either. Building what reserves I can to take advantage of a dip if one comes.

I am a moron. In what world is an annulized 14.5% growth rate a "dip". The dip came, and its name was Kahns.