George, yes, it sounds very similar to my scenario as well, I may have a bottom a little later than he has, but the "into Memorial day" might create the spark earlier than the current time table calls for (#msg-708849). I also agree with the assumption of a cyclical bull into election, I have right now a possible double top in the August/late September 2004 for such a cyclical Bull move, the start is still mid July this year, but as stated above, it could start with the Memorial day run, I have no good argument foe either two, so for now I stay with the timing of the Jan 25 scenario.
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