oh, and here come the transports for a confirmation.... http://finance.yahoo.com/charts/#ch...arttype=line;crosshair=on;logscale=on;source=
Absolutely, and on top of that...all of these institutional managers who have been holding back waiting for a correction - when they finally come in and buy we could get a heck of a pop. And they're going to buy the current winners - the stocks that are looking strong already.
IMO, even better then continued up moves right now would be sideways churn - causing the shorts to second-guess everything - and build up pressure for a pop when the short money realizes what the tune is.....
The bears can all be found in the copper buffet line, with a couple chasing after gold for good measure
well shoot - time to start looking at exits... edit: volume is heavy today too. heavy flow for the bears...