We hold a January 90 call for 2.34 — a modest play on the market if widening expectations of a prolonged rally materialize. In recent days I’ve named five great technicians who are looking for one, although I remain skeptical myself; the moreso because each day, the list of bulls, or at least the number of chartists who see little chance of another big selloff any time soon, seems to to growing. For now, do nothing further, but be aware that Big Blue could drop to as low as 75.37 after rallying this morning to around 78.18.