I think it just shows how far the dollar has dropped. In the same terms, the SPX is not even higher than Dec 02 (the chart that I posted earlier). <A HREF="http://stockcharts.com/def/servlet/SC.web?c=$SPX:$XEU,uu[w,a]daclyyay[dd][pb50!b200][vc60][iUb14!La12,26,9]&pref=G" target="_new">http://stockcharts.com/def/servlet/SC.web?c=$SPX:$XEU,uu[w,a]daclyyay[dd][pb50!b200][vc60][iUb14!La1...</A>