You forgot to mention the low new highs counts so far on the first 100 Naz points gain from the bottom, and like last April (these "fooled" me then and I stayed bearish till mid June), that might simply signal a slowly evolving run which will accumulate momentum, if that is the case, and the floor for that run is without a major relapse before, the following run could indeed be awesome. I still see everyone doubting my "new improved" target of 2500 or so (2390 in the bag, 2500 on excursion?)on the Naz, sp maybe the bulls are really nothing more then "trading range bulls", rather than a new break out "Bulls".