I would be wary of all these talking heads saying the market is going to crash during this time or on that date, especially fund managers. They may well be going for a big short and trying to scare the villagers into selling to initiate or strengthen any falls. The only reason markets have not corrected is the CB's around the world are keeping it inflated and for reasons of their own.
Personally I go with Ozi's idea of short corrections but with a difference. I think this correction will be more damaging because of the volatility and the length of time it is taking. People will try and play the volatility not realising that big funds can play volatility because of the knowledge they may have and the amount of capitol they have to force a stock in a certain direction. Most of us dont have that kind of money.
Then we have the bubble of everything is now deflating, markets, commodities, property and big companies manipulating the PM's prices to suit themselves. JPM was caught again but the fines dont even match what these organisations make from manipulation.
