Boom! Wake up ladies and gents. It's show time. Do you have grand visions of mailing it in during this holiday-shortened trading week? Better put back on the camouflage gear and dust off the scope on the investing sniper rifle, for we are at a crucial juncture in the markets. Your mission is to take out either the bulls or the bears with a clean shot, and to do so after developing a thorough plan -- because, for the first time since the elections, two strong opposing views are in the roaming the forest. I am not talking about the gibberish that had been spewed by book-pumpers throughout October and into the election. On the contrary, there is new, tangible evidence to suggest stocks have gotten too cheap, assuming we see a "compromise budget" from Congress (which is different from the austerity budget reflected by the recent decline in stocks). Still, while I feel the passion in the voice of the bulls as they wave around an array of fancy technical measurements, keep in mind that the bears remain ravenous -- and they have every reason to be skeptical of the claims by the bulls. There is this creepy sense that another 200-down day on the Dow is possible if the political-suit-wearers do not deliver incremental holiday cheer on fiscal cliff at each presser.