MEXICAN STANDOFF or PRECIPICE? or lift off

http://tinyurl.com/4zrr6 And it is said, when an incumbant did not win the POPULAR vote, he doesn't win a second term. WOuld it not be fitting, if Kerry somehow PULLS it out (as he has before)but also does not win popular vote?
Without stirring who is for whom, I bring this up because, this race, like the markets seem to be LOCKED,and is there more to that than just coincidence?
8 wk insider sell/buy ratio moved up to 4.37 (bearish) but put call supports potential extended rally IMHO
Much else is neutral.BUT:
Investor's Intelligence Bulls/Bears+Bears (10 week moving average) .65 That is an EXTREME reading!
Like everything else WHAT IS most important overiding factor?
DO we NEED a point system?
BULLS:1)High PC2)High TRIN3)Transports making new highs4)Getting thru OCT with little damage5)High Beta stocks leading rally6)Pro's positioning for year end rally7)Selling pressure at LOW end.8)Interest rates still very low.
Bears:
1)Low VIX (could be interpreted 2 ways though)2)Markets diverging, not moving together3)Near previous tops of bullish % and ALL sentiment readings4)3 months in row FALLING (negative)LEI5)BUsiness INventories still rising6)Low Factory CAPAC and INdustrial Production7)Falling Consumer Sentiment8)Non-Farm Payrolls continue BELOW expectations9)Record budget and Trade deficits10)Help Wanted STUCK at 3711)This chart http://tinyurl.com/6ttpp NOTE!!! if you switch to 2 year chart you will see NOT since May of 2002 has 10WK been BELOW 40 WK!!! MACD declining! RSI neutral
http://tinyurl.com/6kpt2 Compq more neutral cept OBV not yet crossed up, has stayed below during rally and stoch reaching WEKLY overbought, and market is to UNDERSIDE of top declining trendline.
NEXT chart SURPRISED ME!http://tinyurl.com/3pyba From a WEEKLY standpoint, this doeasn't look bullish. Trend with declining tops is bearish so IMHO convergence will lead to crossover. STochastics curling DOWN and if you switch indicator to MACD histograms you see it as zero and DECLINING!
AGAIN, this is all WEEKLY
http://tinyurl.com/4ub4y DOW MACD already declining, trend looks firm and leading the way, both SPX and Dow seem in synch....with NAZ and TRAN giving us strong divergences.http://tinyurl.com/43tgu TRAN RSI where it has topped before (WEEKLY) but notice MACD weaker than other tops! 3500 IMHO should CAP this rally if it can reach it, would leave ONE lower high in place, all LOWS have been LOWE lows! dating back to 2003 !!!
http://tinyurl.com/5ggxd DAily TRAN looking to blow OBV OF the charts, RSI nearing extremes of overbought...
http://tinyurl.com/472ra LASTLY (if you made it this far!) the NDX which is leading is also near OFF the charts on the move, though can continue, is it likely from these overbought or near so levels, OBV off the charts and HUGGING trendline, could go either way.
ALL of this I contend SHOULD lead to a coming decline.....and MAYBE that sets up year end rally, because if not....IMHO this will be like brush fire which consumes itself!

ALL of course JMHO

Duratek