Patrick, I really haven't changed my opinion much as to the larger overall picture. However, how we get there seems to be a challenge to grasp.
From my perspective, I am going to be sitting out a lot of 2006 as I anticipate it will be similar to the 1st 10-months of 2004, but more frustrating. October 2006-Dec. 2007 is the time to make money hand over fist long, IMO.