Will the market make a new high before year end ? Will the current bull trend extend into 2007 ? Is the 4 year up-trend over and the top already established ? We will discover these answers in the days and weeks ahead... I would like to share the following weekly chart of the Dow-30 Index for your thoughtful consideration. Based on this chart and the premise of a wolfe-wave pattern, it is my contention that if the upper trend channel line is broken, that is, if the Dow 12,000 level is broken below, a vertical free-fall down through the lower channel line becomes a distinct possibility.