Right now S&P is 1410 that is 100 or 7.7% increase from the 1st post, Aug 06. S&P has to drop 57% to hit 600. I personally don’t think it will happen by Spring 07. If the housing market is going to crash very badly, the S&P or stock market may drop 20-25% the most temporary. If it really drops, it will bounce back within 6 months to 1 year!