my expectations :
with QDII, the first part of your expectation will come true this week.
market will keep on making new heights in a series of up and downs
any retreat will provide good chance for buying
party becomes hottest when US starts rate cut in early 2008
party probably end around the coming lunar new year
then the bear will come latest by ching ming festival
only fools will buy before the Olympic

disgree in 2 points :
1. US is using its mouth to strengthen US dollar, so it may not cut rate too early. 3rd quarter a bit remote. 4th quarter 50 : 50
2. Too early now to say whether there's big correction coming

and one reminder ;;; our forecast may be wrong, may be the ugly is coming tomorrow. so always prepare for the worst