Note we are in wave 5 of the longer-term bull trend, but we are still in a secular bear-market, and while this pullback could possibly be the wave 4 pullback before the wave 5 surge inside of the wave 5, I'm always sure to be early in these kind of climax trends, otherwise if you hold the bag when you know what's happening, you get caught in sharp trend reversals like what has happened so far in '05