POKERSAM, I agree with your analysis and would like to add a couple of thoughts. First, Lindy may be correct re. the current rally extending for several more months. We'll have pullbacks, for sure, but there's so much liquidity being injected into the market and the economy that it's floating everything higher right now. (That said, I think we'll have a brief pullback very shortly.) Second, the very bad economic problems you cite will probably hit full force early next year...and that, perhaps, is when the market will pull back dramatically and retest the March lows. This may happen sooner than next year, of course, but Lindy's monthly chart makes a strong point. JMHO. Two