Haven't had a chance today to check through the thread to see if this has already been mentioned but the trade-the-markets free video recorded overnight was very interesting - Carter is getting excited about big short possibilities on the US indices in early January, pretty much for the first time since the summer unless I've missed something. He particularly likes the NDX, after that the Russell; more wary of the Dow because as he puts it "this will be held up" at least until the end of the year. He is planning to scale in shorts between now and the end of the year ready for what he reckons will be a significant drop. I sat up and took notice because John Carter is not some perma-bear who predicts that the indices are going to fall every week until they eventually do: as anyone who has followed him regularly over the past few months will know he's a pretty canny customer who is ready to swing either way (as it were) depending on what the technicals he follows tell him. And he has been long, and right, pretty much all the way through the big rally. If he can accurately call the turn, too, I'll be deeply impressed.