one final reminder: growth stocks got killed in the correction down to the 300 day ma after the initial rally in 82-84 and 90-92. This market continues to follow the pattern of 3 major markets: the early 90's nas, the early 80's dow, and the early 30's dow. And in each case we are within 4 months of the next powerful move up, a move of equal strength to the initial move
Pretending for a moment that i am right about that, in 2 or the 3 cases we are in for a run that would last almost until decades end. If this is bubble reinflation, then we will piddle out at 2800-2900 by mid 07 at the latest...just imho