TMB, That is a good observation, guess it can be sliced two ways. 29, 30, 31, 32 all producing negative returns, or the actual "cycle" of 29-30, 30-31, 31-32. I don't know if 1932 was positive for the year. I have been toying with the idea of 00-01, 01-02, 02-03, which could be sliced the same way depending on how 2003 turns out. I remember chatting with someone back in 2000 and saying "it is not like the world is going to end." It sure feels a little less optimistic these days.
I think it was Kudlow who predicted Bush's divvy tax cut will drive the markets up by 30%. I personally think he's being overly optimistic. I also think Monday we're going up because this war threat is getting old.
Maybe, but I am very cautious of the semi's breaking support at 280. I think that is a big line in the sand, either they hold or they don't. It will definitely be interesting.
Aside from certain four letter words that spring to mind, "interesting" is about the only word that accurately describes this market.