Got to break above 1026 If not and it moves down takes out 974.5 then it may fall fast and hard. But that 970 - 980 zone seems to be holding, so far. I don't know what is the fastest ever 200-point SPX rally but this forthcoming one may be record-breaking, from 963 to 1160 or higher.
If we get to 1056 -1096 before Paulson speaks, then you short the crap out of it up there after he speaks.
Nada emotion, just react. If you were short and something changed then you switch long without question, without hesitation. Always know your what-ifs.
This leg is weak, when compared to the move 2 days ago. I think we may see a new RTH low. Of course I could be wrong