Seems some respected analysts here are calling for a revisit to the mid-300s.
Respected by whom?
You may disagree, but I'd say that masterluc and RyNinDaCleM both command some respect on this forum. Most analysts here are pretty half-assed, but not them.
Add WaveAddict to that list... it's definitely doom and gloom from all the respected analysts. I do think you'd have to be a bit of mug to invest heavily at the moment.