We have seen a near-term top in the U.S. equity markets. Something unforeseen is about to emerge to the forefront. INTC earnings will mark a multi-month top in the major U.S. averages. A scary and unexpected correction will commence next week. The current low volume atmosphere will explode as comfortable longs become very uncomfortable in short order and volatility returns in a major way. This correction will be fast, vicious, and totally unforeseen, but will reverse itself just as powerfully. S&P will close 2011 at 1500.