T/A ETF AND INDEX

[Nirvana]

Bullish Factors

Agree that we will see a pullback into the 4/8 yr cycle lows this sept/oct but there are too many +ve signs shaping up for the Bulls to make a run after that:

1. Commodities finally cracking down - they had a put a BIG cap on stocks to move up.
2. Interest rate pause and may lower rates next year.
3. Vista is being compared to Win 95 and application/technology wave that followed - Marked improvement over predecessor (Win XP / Win 3.1).
4. Capital/Technology spending by Businesses with Vista
5. Boomer spending continues to be strong
6. Global expansion {Recovery in Europe (germany) & Japan and expansion in China, India}

The second half of the decade (years 5-9) have usually been better for the market than the first (0-4) where the excessess from the previous run-up are ridden off.

Time will tell ... good luck to all!!