twirl - the big question is will a correction be as late as May? (assuming there is one in 2007 H1 which I think there will be) - we have seen it happen as early as the end of March not too far back, so it could be dangerous expecting one as late as May although that was of course when it happened last year. Looking at the last two years (2005,2006) the onset of spring and also of autumn seem to have been dangerous times for the market speaking generally.
