We hit resistence before the 1,000 point mini correction. Look at the S&P all dates and you can see we are at the next cross roads. Is it a double top before the long slide down or just another hump in the road up. But this is it, tightroping without a net.
An asian guy I know says China is going to do something dramatic soon that will cause a big shock in the markets. He’s waiting for the resultant crash. They might announce a plan to start divesting dollars in order to try and stop advances we have made in the ME and the fact we are letting the dollar slide.