1. Short term dip in November. Buy that dip if it occurs. S&P could go as low as 1600.
2. Topping out process Q4’13-Q1’14. Go seriously short when VIX hits 10 and thus signals complacency. Maybe an extreme high in S&P will be 1850
3. Stock market drops 25-50% over the course of 2014-2015, while the economy rebalances toward the 90% at the expense of the top 10%