Cannot say in a few years of trading have ever seen such blind buying in the indexes. I trade the ES and the only reason there is any kind of pullback is general lack of buying and not from selling pressure. Of course there is a little profit nibbling from scalpers, but the buy orders pour in, in freaking huge batches on almost every pullback. Is this a result of institutions stimulus bucks being spent? Anyone think the fed is outright dictating how their free money should be spent (buy the market to make the administration look good)? Dont know about anyone else but this is nuts - and if lack of volume causes sharp pullbacks wait until we see the bears step up in earnest and drill this market - tank.