about to bounce soon big time or its 4000, page-33

so what to expect over the next two days in the US?

for my bet I'm looking to the expiring S&P index options this week - they expire at 3pm Thursday US time - by all accounts the PUTS are BIG in the money right now, so expectations are that Wall St will have to force a strong rally up to at least 920 maybe 950 in order to avoid huge liabilities on the PUTS

some pundits are charting a possible break over 1,000 - we'll see

but the point is we will wake to a Friday here which could see the XJO beating a new path to finish on a Friday high for a change - that would be a nice way to start the weekend

fingers crossed and safe trading