The King - I would tend to agree that we are in a conservative tide for a while. My timeframe for a complete swing of the pendulum is 30 - 40 yrs. I believe we saw the beginning of the swing rightward in 1994. About 2006 is about right for it to be at its furthest declination from the midpoint and be ready to return. We will still be under the influence of the right for some time to come.
_________________________
"You're not a g*dda*n looney Martini, you're a fisherman"

R.P. McMurphy - One Flew Over The Cuckoo's Nest