As I said last night

S&P 500 1020 is very expectable !

It may even drop more to 1000, a possibility. Before we draw a conclusion, let's see if S&P 500 can come down to 1020 first. If so, then from there, we can project more predictions.

But one thing is for sure, I still keep my long term prediction in September 2009 as valid to date. Please refer to the link for more information.

Therefore, I am still looking for a chance to buy in longs, but the key question is: what point is the best re-entry point ? That's why I am monitoring the market very closely.

Another concern, if the market drops too much, the whole bullish chart pattern may be erased, at that point, I am wondering if I or other investors have the courage to buy in ?

So we need the market to drop enough, but don't  over -do and destroy the general bullish market picture, which is apparently not an easy task at all.

Other important past predictions can be found in the side bar columns.