The market was running up on hopes for a rate cut in the first quarter of 2007, fed said ain't gonna happen. Yet the market keeps setting record highs every other week. Oh I see, dont try and figure out the market just trade what you see, got it! Right now I see a market that can do know wrong, it rallys on any news good bad, who cares up up up. Vix under 10 not a problem we always get a 5% gap up on monday. The new Fed Chairman has big lips and can blow good bubbles.