The highest likelihood is an upward trending market with pull backs of only 3.5-5% along the way. 2nd would be a sideways move for several months, maybe 5 months, but only after a range of between 1400-1600 is established. They key is to stay with the trend. Hell I have been desribing this pattern to everyone who would listen since summer 2001, and then I go short on the last part of the defining upward thrust I have been expecting. Geez