whaz, interesting, what does your model show in the eventuality that we do drop to 1313, bounce back to 1347 and then breach 1300, does that change to then a breach of 1279 and a run down to 12222.22? Because that is roughly what I have for the next two weeks (except my first "bounce" number is closer to 1320 (1326 to be "exact"). Longer term, if we do not get the deep retrenchment to around 1220, the strong bull case I currently have for next year is getting much weaker.
Zeev