This market will rally hard into next year and we will see close to 25% but by July 1 04 there will have already begun a blowoff top with a summer sell and a recovery rally into election. All the FED pumping will have a serious drag afterwards. Payback is a %itch! Then the party ends. The gambit here,no one would have thought 2003 would have seen a market recovery the likes of which we witnessed and now those who did not participate initially are all excited about attending the party. That kind of gambit could further fuel the fun well into next year. So goes the market so goes the election in 04.