Place Your Bets: 3400 or 4100

It does seem like most of the market is either expecting a plunge to new lows or an extended rally to the upside. If everyone is looking for it, it's unlikely to appear. Are 3000 and 4400 the possibilities? Or will it frustrate everyone and bounce around 3800-4000 for six to eight weeks?

Nomura: Everyone Is Waiting For This "Final" Shoe To Drop Before The All-Clear Signal