CaribbeanJim, going with #1, i'm a bull by nature and by trade, i'm picking #1 least for the first half of this year, based on my take from briefing.com and b.brinker. briefing called for a no upside action first half of year, and reading between the lines on brinker news-letter says we hit a top. if i'm wrong, i'll join ya with scenario 2, very soon. lol