For the last two years, I've been thinking that U.S. stocks are due for a correction. But I always say a bubble is a bubble, and if there's no correction, the market will go up, and one day it will go down, big time. And I think the market is in a position where it's not just going to be a 10 percent correction. Maybe it first goes up a bit further, but when it comes down, it will be 30 percent or 40 percent minimum.
I'm not short the market yet. But when you look at the market since November of last year to now. The market is up 2
percent. It hasn't done much, and a lot of stocks are breaking down. I
don't think that the market is in a healthy condition.
