Fine with me. Fortunately, housing is still cheap and I'm looking at foreclosures. Would love to evict some idiots who haven't made a mortgage payment in years, then rent their house to some sorry asses who got foreclosed on. Every time I read about foreclosures, I laugh because they're the biggest opportunity to consolidate wealth in the last 20 years and I have the ability to buy. As to the idiots who bought during the bubble and are now coming due, screw 'em and kick 'em out into a rental where they belong. Stupid people deserve everything that's coming to them and more.

As far as the Dow, I'm not so sure -- it *was* down at 10,400 not six months ago. I see 11k or even 10k as plausible, 8k as quite unlikely though if would be a joy if it happened.