Ajtj99....great read and i see the same regarding the bear flag that is in the process of breaking down. Looking at charts like IBM/EXPE/NVLS/QLGC etc these all look bearish here and are breaking down out of bearish flags/topping patterns. I see the same on the naz here. Last 3 up days were on 1.4 billion shares...quite poor. We may hold into early next week re options but im looking for 1200 by mid/late January.