Your post may make your "nasty side" feel better, but does little to summarize my views. I standby everything you quoted, even though you have misrepresented the context.
The stock market remains one of the most dangerous investment climates in history.
My comments you quoted were concerning the short term market action and the possibity of breaking the August lows. At the time it was a distinct possibilty, but my remarks were commentary and not a market call.
Specifically addressing what you have quoted, risk has entered investors psyche and it is expressed in shrinking high yield spreads and the narrow breadth of the market. Janet can't save you or other investors now, interest rates are going higher. Distribution from stronger to weaker hands is taking place and one reason the market cannot hold above 2100.
Last Twelve Month (LTM) S&P 500 earnings have decline from $105 Q3 2014 to $90 Q4 2015. FANG stocks (FB, AMZN, NFLX, GOOGL) are the main drivers of index performance. The market at Thursday's close was negative on the year for both the Dow and S&P. The market is becoming more overvalued not less.
You might want to read the Robert Shiller article I posted. The last two paragraphs seem appropriate for you my friend.
You seem to have no real opinions of your own other than to point a finger at me ( pun intended). I assume that is because your knowledge and sophistication is limited.
There is plenty of time left to win my bet.
Its Igy by the way.