the market doesn't feel right. My gut is telling me, the equity markets are in trouble over the intermediate term.
there is too much inventory before recession fears materialize themselves in the real world.
short term its trying to make a run for a test of its highs. The Fed will change it tune to of overt hawkishness.
Bernanke has been upstaged by Greenie, and he will make his voice have a forceful impact on the market.
people will sell inventory into rallies, before the summer starts, another significant move wont be attempted till 3rd 4th quarter.