Stand by For a Replay: The Great Depression Part II

"After the sharp decline in the fall of 1929, the S&P 500 rallied 46% from its low in November to the rally high of April 12, 1930, then, of course, fell by over 80%." Will history repeat itself?
SEE HERE for some economic "reality" ... who knows, but some cautious talk about the market being badly overbought. I think it's likely floating on hope and there's really not all that much rational reason for hope, especially with the economic nincompoops that are currently running the show. If you don't know what you're doing and just spending the treasury dry, why expect good results?