This market run is essentially the equivalent to the sell-off that we saw for all of 2008 and the first couple of months of 2009 – sustainable beyond what was believed to be possible. It would make sense that we are are primed for a nasty sell-off as we are now extremely overbought and ready to see some profit taking. The volume hasn’t been at all impressive lately, but it has been better on the Nasdaq then the other indicies.
