I don't think we go that high, but it sure is not impossible. The question is really, with the Dow (by a solid 200 az points too) and Naz making a new reaction low, can the NDX and Sox save the day (both turned above the 2/13 lows). I think this Nassacre is led by the Dow, not the Naz (note that the Dow has already breached the Phase I expected low of 7490 by 100 points), and it will soon regain its leadership, IMTO.
Zeev