================ That time frame chart does look bearish; major airlines ,MSFT look bearish also, friday close, todays open. Hoeever SPY,LUV look bullish medium term/bull market ; last quarter however tend to be bullish, except OCT. Sure one woulfd have to figure in fund-amentals like oil stock profits & bankruptcy for airlines; but wouldnt let those over ride a trailing stop
>What would push this market higher? more people wanting to buy then to sell beyond that, I personaly don't think it matters much - I just listen to what the market has to tell me Take a look at this year on a 10+yr chart - it's quite an un-eventful, sideways market. Not really anything I'd feel is even remotely "over heated", "over bought", etc... "over blahh" is closer to it.