What do you see in the future for the stock market?

Internationals springy and oscillating between down and flat. Oil flat. Domestic mid caps likely the best for now. These are fund portfolios that are not sensitive to the problem children we'll have for the next 2-3 years. Even with the current drop, I just went down 2% and am already picking up in other areas after talking to my FM yesterday. BTW now is the time to buy, not sell.

I've heard speculation that we will be insulated from the issues in China over the long term. I tend to doubt that, but those guys are on TV and I'm just a Captain, so they are probably right. It just seems to me that a devalued yen will hurt Chinese buying power which will hurt our export market. It will also keep downward pressure on oil and other commodities. I think we have seen a needed correction, but I think we might further correct in the short term (6mos-year), especially if the FED increases long term rates. However, after that I would think we would see growth again over the long term.

Now since I made these lackluster predictions, the market will probably rally to all time highs tomorrow and continue for the next decade in a 15% inflation adjusted annual return. I'm a horrible forecaster, and the market likes to remind me of that all the time.

Honestly it doesn't matter what it does in the short term; unless you are drawing money from investments not for retirement. Long term the market averages about 10% growth per year.

I think the correction will deepen, but this too shall pass. I have lived through too many crashes to think that any of them are permanent.

I trust things I can touch: Gold, Silver, Land.

A minor correction and a bit of Panic about the Deflation of the Yen (Which the International Marketplace has been asking for for a while now) and the Greek Crisis. Nothing more, Nothing Less. Nature of any Marketplace.