Building on yesterday:
"I have an outside chance of a top of 2388 on the Naz sometimes before the next cyclical bear takes hold, if such a value is achieved, it will be only du to "euphoric" valuations. In that period, I would not be surprised if the Dow prints a new all time high above 12,000 "
This would be almost certainly in 2004, or early 2005 I gather?
I agree completely, though I have it as a good possibiliy. I think I have studied you so long that I come up with close to the same targets now, But I am missing something because you usually hit the turns better, and I am consistently early and less volatile.
I have 2880-3250 as the ultimate peak as possible in 2007-2008. Can you see that? Then no new highs for at least 10 years.