O-man may be slipping on his SOX. His count on the SOX has the wave 4 up at almost 1/2 the time of the wave 2 up. That's quite the opposite of the normal wave 2 and wave 4 structure and time.
But yen should rally along with the Nikkei producing some very nice gains in EWJ.
I plan to sell my EWJ assuming a surge Monday, but will be quick to buy the dips for awhile.
I recall that US stocks rallied nicely back in late 2004 on the idea that Bush would win, but rallied considerably further after he did in fact win win.