Zeev- How long do you anticipate the "meanadering" on Soxx (358-378 shoulder) to last? Also, I found it interesting that the lesser alternative was that Soxx would blow right thru 338...you don't expect a bounce around there? (may likely coincide with SPX 950 or so- big trendline break a few weeks ago.
Certainly, I think a break of 338 could/would bring the 1500 +/- into sharp focus..
Sorry about the redundancies yesterday, but it appeared thread was pretty focused on another EOD wonder, when we had had so many consecutive in last week...seemed like low odds bet (to me at least) tia