LONGING THE DOW + FTSE = MASSIVE RALLY AHEAD-part 6(into the new year)

Posted this on other board as a result of thinking about potential effects of cuts. Just seems little point in encouraging debt in current climate.

Can someone pick holes in this theory because I am depressing myself. This appears to a recession in the middle of a technological revolution. Because less labour is needed to fuel this revolution more individual enterprises have emerged through people who would have previously been employed by one of the few large organisations. This has led to over supply and demand will never grow sufficiently to absorb it. This will continue to pressurise prices and hence profitability. Many of the tech co's may never record a profit and Microsoft will become a one off as the protection it enjoyed is in the process of being abandoned. Valuations based on sales not profits will lose their appeal, in that case where can the growth come from?
Can anyone tell me when Vod will make a profit of £17m? It's still rated greater value than BP, the madness hasn't stopped, surely it must. These companies are valued on growth that has no foundation or presadent with absolutely no margin for dissapointment.
If or when reality arrives I fear we could could go low again.