1. I am still waiting for the fat lady to sing.
2. Low, taking 2088 (actually now we got to take 2110 to be bullish again) with volume will just open the way to achieving the 2163 level before a retrenchment of greater proportion, but I will turn bullish and than as we approach 2163, will have to decide if it is going to be a real barrier or not. The main scenario from 12/25 is still on (with 2163 as a possible max top for the January/early February run).
3. Cash right now at 54% (got caught with a double position of INTU and GIVN, moving the cash back under 60%). If 2088 taken cash will be decreased to the 30%40% overnight and during the day could drop to as little as 10%, but without chasing, things like SNDK, COO and probably some gold may join as they are approaching my first buy levels.
