I don't think a huge drop is likely soon--it's already below 11,000 DJIA again now-- but those who are looking for a new record in the DJIA are living in a fool's paradise. As I noted, as long as there's friction with Iran and instability in the Mideast, oil won't come down to 40 again--and a high oil price will block further rises in "the market".

As I said earlier--Bush has little to brag about--even to big investors.