So what happened so different March 3, 2012, that changed what should have been? I cannot say, for sure. But Abenomics kicked in shortly after, and other major unusual currency manipulations world wide effected the markets, rates lowered to historic levels, NOT BECAUSE THE FUNDAMENTALS OF THE ECONOMIES DEMAND IT, but to avoid a double dip recession, which Japan's economy would have drawn us all into, and with rates so low, where are you going to earn money but... yep the Money Making Party, Hardy. The momentum of the too big to fail stimulus efforts was fading. The Nikklie was the key then, and it will be the key now, but because Abe's 3rd arrow did not work, and he has no more arrows, no one does. And with the problems in other areas, what is to hold this market up, the US economy, the last stand of help? No way, just not strong enough. No Jobs! You can chart all you want, this party is officially over folks. Simply to say, impossible to prove. Eventually a world economy has to depend on fundamentals, and the big picture is clear here, is it not? .