Another problem for the bulls here is the very weak volume. We constantly get divergences on the upside everyday but we continue to grind up on lower volume. This is very hard to decipher but I am thinking the bears want higher prices so they can short easy and secondly the BS news out of treasury etc is making weak hands buy.
Now I must say this here and now I do expect us to make it to 1000 on the S&P this year but between 1000-1080 will be the top just not on this go.
Take that for what is is worth, you all know I think we will see DOW 5000 before all is said and done
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