I'm close to getting out again like I did just before the slide, I did get back in just before the bottom and bought heavy. Why would you want to buy in at these high prices?

So, per usual, there are proponents of opposite predictions for the SM.

Yup. In the RE bubble threads circa 05-07, tabdula claimed dollars fleeing the housing market would flood the stock market. Why have someone throw you down the stairs when you can do a great job by yourself?

I readily admit being down on the stock market right now. What suggests we won't have another lost decade in equities?

"Don't fight the Fed"

- good advice when rates are low; not just when high

FED's money pumping still dwarfed by asset destruction. Wouldn't count on inflation, if that's what you imply (I wouldn't count it out, either... hard to know where to put your money these days...)

Exactly. Look at Australia - technically we didn't even go into recession.

My strategy right now is pretty basic and chiche: Diversify.
If the dollar falters the yuan/yen/euro gains. If they falter then the dollar gains.
-At most, you lose a quarter of everything.
-At worst, then even lead-commodities are useless.

If you want to plan with a fear strategy, then look at the "non-losers" during the turbulence.

An interesting point-of-reference is North Dakota.
-The state keeps their funds in the State Bank of North Dakota: A "conservative" institution.

-As reference, San Francisco keeps it money in BOA: Billions in privatized interest-free dollars. Sure BOA financed the GG bridge, but that was paid off long ago, and the access fees now get swallowed up in the general budget.

-The economy of North Dakota didn't blink an eye during the last freak-out.
The State Bank didn't gamble and they didn't lose.
That state has the lowest unemployment in the nation.
It also has a real estate crisis: not enough housing for all the workers.

If I had a couple mil/bil to relocate, buy land, and set up a serious wind farm...
Cold is o.k., flat is nogo.

Why not try to partner up with some people to do exactly that?

The excuse of "not having enough money" for a good idea is B.S. It just means you're not working hard to find the capital.

I'm sure there are investment groups/VC groups/cooperatives looking at doing those kinds of things - you just have to find them.

One problem with wind farms is the infrastructure needed to get the power to where it's needed - the cost of the farm itself can usually be justified via amortization in a few years (plus government grants) but the cost of infrastructure, power lines, etc. can kill these projects.