From Clusterstock: The DOW dipped below 11,000 this morning for the first time in two years. Worse, the stock market has now been flat for the better part of a decade. Normally, long-term investors would be happy about such events: weakness creates an opportunity. Unfortunately, since stocks were so expensive to begin with, they’re still not cheap.

Given the sharpness of the recent plunge and consensus that the US economy and financial system are headed for disaster, the market is due for a bounce. (It’s always darkest before dawn.) But stocks are also, unfortunately, still priced to perform no better than cash over the next ten years.

Continued at Alley Insider