xjo monday, page-130

Voltaire,
"If it is then that gap and the 400+ up day being part of a bull move destroys every tenet of market theory I understand."

I started selling off a few weeks ago as i too could see the writing on the wall or the picture in the chart.
We know when we chew gum the bubble gets bigger and bigger.
When it gets to a certain size we know it is going to pop, but we just don't know when. The bubble could get a bit bigger before it pops, however, outside influences could assist in the bubble burst such as to much wind or your mates finger poking it.

Mr Krudd has had a lot of wind lately with his mine tax and RBA has been poking there fingers and fiddling with the manipulation interest rates.
Worries with Europe/China and the US are of great concern as well.

All the best