Dow Jones Industrial Average hits 14,000

[Sekhmets Daughter]

38. Exactly...

But people panic and panic creates bear markets. I have now seen enough crap that I believe the "big boys" create these messes every so many years so they can swoop in and buy up the assets of less sophisticated and well heeled investors. I remember listening to Jamie Dimon nonchalantly saying, "These things happen every 7 years or so"

Think about all the small investors who got out at even lower levels....with no where else to put what little they had left.