Dan...
Thanks also for the article by Richard Russell -- although many think he is past his prime and in his dotage, I agree with most of what he says in this piece, especially the following:
"CONCLUSION -- I continue to believe that the top is in for this market. If I'm correct, it means that the bear will be tightening his grip. If that happens, it could not happen at a worse time. Why is that? Everybody is bullish, nobody has cash, debts are sky high, and nobody is prepared for trouble "this side of the election.""
mlsoft