S&P 500 & Nasdaq Analysis and Trends

[AnderL]

I know but it's a strong base and should act like a magnet. You don't want to know my less conservative targets. I think 78 is possible and a all hell broken loose 50-60 bottom if 80 breaks. I doubt we get there. I think we will see high 90s by 2010 but ween need another base in 2007 with a 2008 rally and break of the 2002-2006 trend.

This is a chart I marked up earlier this year. I think a a Yen\USD carry is a good hold if you have it but I expect a counter move at the turn of the year after the USD has bottomed.