ioh and the market

With the XJO flying along towards major resistance at 5000 (no thanks to resources) I was wondering if a pullback will be led by profit taking on the stocks that have done well or if there will more red in the resource space. IOH with its tightly held register and low volumes I think could play its own game separate to the market especially with any pullback of the broad market being timed with possible speculation approaching some major deals at the end of March. Gap up today was good to see although volumes still low.