If the Jobs number is bad, then market goes up cause of easy money.
If the jobs number is good, then market goes up because economy is getting better.
If earnings are good, markets will rocket up for the obvious reasons.
Sovereign debt? Please! Bailout, and all is good again.
Shorts can't sit out or join the rally? Fine, let them short. We'll squeeze em like lemons.
Overbought? Who cares, lets take it higher.