and summer 2006 Interesting as I have a scenario with a high then also - before the final plunge to the lower channel of <A HREF="http://www.geocities.com/WallStreet/Exchange/9807/Charts/SP500/DJ1800Inf_20811.gif" target="_new">http://www.geocities.com/WallStreet/Exchange/9807/Charts/SP500/DJ1800Inf_20811.gif</A> It's just that I have some lower lows before (like next year) we get there. Anyway, we play it day-by-day. lurqer