[crystal_revenge]

I feel like I've seen this headline (followed a week later by its inversion) countless times in the last 6 months. I have little doubt this is a bubble, but also very little certainty as to when or how it will "correct".

The KOSPI is almost not worth talking about as any serious signal. It has a circuit breaker drop almost weekly (again followed in no time with an equally high rebound) and basically has come to represent how insanely the South Korean market has become pure gambling (with retail investors absurdly leveraged). Sure , it's hard to image this doesn't lead to some disaster in the long run, but these fluctuations have become par for the course.

[ChuckMcM]

In terms of parallel headlines we're in the 1998 :-). This was market behavior during the last 18 months of the dot com bubble, then it burst. Plan accordingly? Always hard to time these things.