The Black Box

[mjk]

actually that came across wrong...I think we correct in fall, rise into late 07 early 08, correct again, then rise again into 09...the question I think I have is what will the correction after the run into late 07 early 08 look like...that will determine if we just recover to slight new recovery highs to end the decade, say to ~4000 +/- a few hundred points (since I'd expect something decently above 3500 before any big drop in late 07 early 08), similar to how 89 recovered slightly over the late 87 peak...or really move much higher to a new all time high on the comp like superbulls like dent thinks. Probably from sometime late in 09 and on things will really go to hell.