RE:RE:Back to $1860...I'm hoping for $8+ again.....It all depends on the momentum of next downturn. I'm still thinking that the smart money will not risk holding SP500 investments for the next 5%+ account risk\reward....Most obvious move IMHO is smart money/MM's will try and position themselves short and in turn create panic in market. There is so much cheap debt in the market that it may not take much to force investors out.