I do think we see weakness the first few days of 2006, Naz down to 2170 or so, but after that we are on a trip to new highs, possibly 2550 before the end of April. Time will tell.
As for Hurst cycles, the 80-40-20-10-5 week all line up next week. Coming out of 80 week cycles when the trend is up will not be your friend if your short....good luck.