The analysis at:
http://www.econ.yale.edu/~shiller/peratio.html offers good reasons to suspect that US stocks will do very poorly over the next ten years.
I am now completely out of US stocks, though I do have a huge stake in DC area real estate.
Robin Hanson firstname.lastname@example.org http://hanson.gmu.edu
Asst. Prof. Economics, George Mason University
MSN 1D3, Carow Hall, Fairfax VA 22030
703-993-2326 FAX: 703-993-2323