The markets seem to be defying gravity this year. My 401k is up 9.5% YTD, my IRA mutual funds are up 28% YTD. My equity account has gained 20% in two months. Looking at some other international markets and their indics are up 100% in the last 12 months alone. Something has to give. With oil at $75 just need the ignition source. My gut feeling is that we are due for a major correction sometime soon.