Since I stopped trading with much leverage (mainly stopped trading futures), I have been rather lazy about  attempting to pinpoint tops and bottoms. I have gone by feel and tended to start getting out ahead of time and over a period of time including afterwards. The same is true of bottoms. For me, predicting is generally a sucker's game, and my guesses are often wrong, but I'm going to try one for the next few weeks. I've put this together with my own indicators and judgment, but I have also leaned on some favorite personal gurus, Terry Laundry and Christopher Carolan, whom you should not blame for any of this. Keep in mind this is just a semi-educated guess. Based on the 2CS and other non-disclosed sentiment and volume measures and on tide analysis, I suspect the SPX and other stock indices will bottom on Tuesday, October 6 and the market will jump up to 1060-1070 by Tuesday, October 13, although it could go to the end of that week. There is  gap in the CME SP futures 2 month perpetual forward daily chart at 1057-60. I don't think 2cs will make a new low or that SPX make a new high.  This implies that this is not a "final" high. After this turn on the 13th-17th the markets will decline down to fill a gap in the perpetual futures at about 906-910 over a two to three week time. The seasonal low is for October 26th, but I don't want to be too rigid on that. From that low the bull market will continue up well into 2010. I don't own generic index stocks at all. Some of the "hedged" stock funds I do own (HSGFX, TFSMX, FPACX, OAKBX) frown upon in-and-out trading, and I want to  stay in them, so I will buy some Rydex or other short market ETF to hedge some more. I will lighten up on but keep a base position in LSBDX (largely corporate bonds) since they have had such a spendid run. I won't be trying to make a lot of money on this as I don't want to lose a lot if I'm wrong. I won't touch the other managed bond funds from Vanguard, Hussman, and PIMCO as I have confidence in them.