RE: "OTC derivatives perform how?”totally agree.
This 2nd depression has started. It is early, but a long long way to go.
Debt levels are more than 2x 1930's level pre-crash. It's much more insane now. Anyway, cash is king, don't try to get the last penny. I just do in and outs within a day or two trades.
This market is not even ajusted globally for 2008 EPS slide in growth. The growth will be cut in half or more, then stocks will crater. There just isn't much more upside other than gold itself.