mozo, i have to admit that i've never been so unsure of what the market will do...while i can see cramers point of similarity to 90, i have a very uncomfortable feeling that the market will retest the levels of the late 90's and we could see dow 10k +/- to form a new base...from there its all up but looking at charts of GE/DOW/etc and historic p/e's i keep getting the feeling that many people are uncomfortable/uncertain at present levels...the fact that china/india/etc are growing exponentially might actually be our saving grace but overall i'm concerned (and i think many people are) and worry/concern are never a good place to grow from in the market.....imo...........i really hope i'm completely wrong on this one but i'm trying to hang on to any cash i have just in case.....here's to a good year in 08'...keep your fingers crossed...