how high this rally, page-6

Thanks for the pointer -- interesting read, but nothing fundamentally new that hasn't be said before -- although I did like the "Weimer-style hyperinflation" comment. Nice touch :-)

There is a wide range of opinion out there, of course, all purportedly dealing with the same facts but extrapolating in different directions. For "fundamentalist" reasons I won't bore you with, my reasons for thinking the global system overall has "nothing to fear but fear itself" -- and there is copious emiprical evidence that fear is already subsiding.

"Fundamentalist" sounds a bit perjorative, but I suppose if you wander into a forum full of chartists you have to expect that sort of thing. :-)

Oh, you didn't say where you think things are going to peak for this upswing. And BTW, to be clear, I don't consider the down day on Friday to be a reversal... that was just an ordinary bit of profit taking. I suggested 6500-6600, and I think that could happen sometime next week, although it may take a bit longer. That's my target for now anyway.

-Mark