RE:RE:RE:HIGHER FOR LONGER! Jobs won't break... There was a reason I asked. You have a very dark outlook for the markets as a whole based on 'Historical' figures, so first of all your reply didn't make sense to me because to say what you've been writing means you are basing your premise 'on Daddy's market' as you like to put it.
If you went through the crash of 1987 and the fast recovery then you'll understand this better. Early 90's stagnation in the housing market, massive recession on the east coast of the USA with banks going under. Mid 90's Fed fight inflation interest rates rise 5 to 7% as stock markets also continue to rise (see a familiar story line here).
All carried on until the tech crash of 2000 and 2001.
My reason for posting this is you need to broaden your outlook (friendly advice). Before you talk continuous glom and doom and just working in the present. Look at the Feds balance sheet, increase in M1 and 2 and population growth in the last 10 years. Also chances of flash crashes per index, particularly the Naz will be hard to come by when only 7 companies make up 50% of the weighting of the Naz 100. The SEC controls the indices and to ignore this means your doom and gloom posts will continue to blow in the wind.
Any trader that doesn't add some historical context into their trades could be labeled blind and psng in the wind.
Hope this helps you redefine your outlook.
Any trader (as you call yourself) who has a fixed way of thinking, (like yourself) will ultimately lose money over a long duration.