Paul, nything is possible, but I don't think that is likely, we would have started to see some little signs of panic, there are none. The market is in the "grind down" phase of the Nassacre, people still looking for rallies to bail out, or even buying the dips., no we need the whole three phases, complacency (right here), concern (phase II) and the end phase, the panic selling, a cathartic sell off of between 2 to 4 weeks that cleans the table from the last willing seller accompanied with massive short selling that accentuate the decline and traps enough bears so that the next run up put the fear of the markets in the bears hearts.
Zeev
PS Congratulations to the last guest on this thread, the 1100 bookmarker of the thread. How come so few of the people that have this thread book marked post here?
