The light volume continues to allow the market to float higher as NO Big Institutions are doing any large selling. Why? Simple... they all owe a favor to Uncle Sam. Put simply, I believe that Obama, Bernanke, and Geithner are sending a message to the big boys... which is "Don't Sell" until I tell you too.
Remember, the government and Goldman Sachs have a revolving door now. And since Goldman and all the other big banks and institutions stole the tax payers' money, and used it to buy up their own stock... instead of getting it back out to the economy in the form of loans, they now have too listen to what Obama and the gang wants.
What do they want? Probably to pass that worthless piece of crap health care(less) bill (The actual bill). I don't know for sure of course, but Obama has been pushing it down our throats for quite some time now. It's his baby, and he's not stopping until he screws every middle classed American.
I thought Bush was bad, but Obama is worst. It's not just the health care bill, it's everything... from this manipulation of the stock market to the outright lies on economic reports, and of the Billion's of tax payer dollars that was given to the crooked banks. Sheesh... Bushs' biggest lie was the ol' "They got Weapons of Mass Destruction" speak. He was too dumb to speak about the economy.
Obama is the slickest crook since Nixon (well, I guess he wasn't that slick after all). Of course Obama is really just a front man for the real people that run the country, behind the scenes. I think most all elections are already planned out who is going to win, and become the next president... just like the cities are already picked out for the future Olympic games.
Regardless of who is running the country, the manipulation in today's market is absurd. So trying to forecast this market is just as absurd. I'll repeat it again... just to hear myself say it! "This market is EXTREMELY Overbought and should sell off some very soon (like last week)". Will it? Of course not. However, it should (might... maybe... LOL) sell off after option expiration is over this Friday. But a BIG Sell Off might not happen? We'll just have to wait and see...