what i think will happen is that the stock mkt will enter a multi day/week rally during which the final bull mkt, gold, will top out its 11 yr bull and begin a multi year decline. it could be beginning today.  i sense more instability in the gold price and instead of it being a simple correction this will be THE top.   the PM miners were the first mkt to roll over and leading indicator that QE was finished and this last major reflationary effort since 3/09 has failed.  as i said before, at transitions you can have diff mkts inflating and some deflating but when they all get in gear as i believe they will in the Fall, they become all one mkt with ALL of them falling and the USD rising.