Predictable? Hardly. We can predict what it may do but we will never be able to predict when. If so, I'm leaving my IT job and going to retire by 2020. I saw it happening but I was tentative. In June 2008 I had reservations about the market and I wanted to pull back on our portfolio a bit. Problem is for those of us with families, you have your spouse to agree with and my wife at the time didn't want to pull out. Our advisor agreed that a recession would hit by the EOY but very few knew what happened the following September. Heck, I wish Schiff was my advisor back then but who doesn't these days? Like a few here, we also grew up during the oil crisis and the stagflation of the 70s and early 80s and we are tired of all these crisis (which all started when Nixon took us off the gold standard).