Hmmm ,seems like a few bears are showing their heads and getting a little bit of conviction as the current rise looks to have a whiff of staleness about it .I think the underlying dynamics with so much cash on the sidelines and people seeing others start to make money again are so powerful that any pullback is likely to be muted . You hear it every day from the mugs ,it could be time to get set again.Of course nobody is yet, so those calling for the top are too early to the party.
Mind you ,there's no fundamental reason for all this frivolity .The fundamentals world wide have gotten worse if anything but you won't read about that anywhere because those controlling the airwaves have been hard at work.
It's one of those markets where thinking about it too much is going to lead you down the wrong path .It is what it is and I reckon there's plenty of legs in it .I'd love to see a nice pullback around here though ,just to give the catapult some traction
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