delta , 1250 at open thur., by fri. close 1200, i've said it several times the sp and the dow need to correlate at par 10% and the sp has to catch up to the drop in the dow. the sp is 50pts over valued to the dow. thats due to safety trades. at par they would= sp 1150=11,500 dow. at that point u have parity. that would be support. but support may not hold at 1150. my call 1137.