Don't forget the other alternative scenerio: we retrench hard here for three weeks, then next year continues with the cyclical bull market, with a target of 1900+ (personally I think just a tad above 2000 to bring in all the euphoria) next summer. Of course, this is conditioned upon us retrenching hard here for three weeks, so forget about 1600+ this month. Pardon me for any lack of clarity, my cabbages are just learning to talk from both ends of their leaves