8 YEAR CYCLE
The average run from the bottom of an 8YR Cycle has historically averaged 50%. It should begin in Q2/Q3 this year. So beginning now we could get a slow parabolic up (which will seem fast by 2004-2005 standards), a swift correction in Q2/Q3 (significant shake out), and then a swift parabolic up.
Jan 4 - We have transitioned into a bear market. Completely different rules apply.
May 23 - IMO, any price at/above this close makes a great Nasdaq/SP500 short.