The DOW and recent ASX highs were built on Blue Chip yield chasing rather than an over-arching rise.
It hasn't yet (and may never) establish a market-wide growth period this run (if you count this run as ongoing despite recent activity).
We may have further to fall, but speccies won't take the brunt of the attention I feel. Many bargain hunters already taking positions in some of the more favourable small/micro caps. I'd say we have further to go, but 70-90% would be very unlikely without a GFC pt. 2 (China?).
