Who is going to prevail? The Bears or the Bulls? Richard of Hedge Against Speculation believes it will be the Bears. "If we close above 1360 in the S&P500 early April, expect a bull run. The push up will test the 1400 mark and if we get lucky we will break this level. This bullish sentiment could last up to two months and what happens after this rally depends on economic variables. I have, and will continue to think bearish…so if you`re asking for my opinion, I think after this run up we will jet to the downside. I`m expecting this run to the downside to be a very nasty one, one that will be testing some low lows before heading to the upside for good."

What does everyone else think?