The great Bear Market of 1937-1938 in which the Dow dropped 49% in one year with a commodity collapse very similar to what we experienced late last year would say that you are very wrong. But then again, you've always struck me as a "noob" with more of a desire to make all sorts of ego-ridden predictions/claims rather than any kind of reflection on actual market history. Go figure.
50% retracement of the move up off of 857 SPX, thus far. (900-901) Could very well see some support ( and short-covering ) at this level. 61.8% will target 890.
There is still hgue support. keep in mind that jobs numbers can be another catalyst for a strong rally.
First support on Dow is around 8300-8400, just 300 points lower. I don't think the econ data or the earnings data is going to help move this market higher. The big Fed and Treasuary rallys are OVER. Bears could mop the floor with the bulls but are afraid of congressionsl investigations into shorting. You know at some point it is un American to short.