I posted some thoughts on the S&P 500 here: http://www.elitetrader.com/vb/showthread.php?s=&threadid=110842 I don't think a close above the 200-day means we *won't* have another pullback...but a close below it (especially a shooting star type) with the double-top makes it more likely.
Also, seems like there's got to be some profit-taking into the weekend. This week's euphoria could fade some over the weekend, especially if more credit-related bad news hits the wires early next week.
Dumping into close. A complete 180 is possible. I am spreading rumors of no rate hike and multiple shoes dropping over the weekend. Quadruple digit dumping in the Hang Sang Sunday night.