anyone who buys now is way early here. he who boasts the loudest is the biggest fool, aka will lose your $.. i wont buy until after options. is the safest bet if indeed thats a short term top in market etc
S&P500 just doesn't want to dive, even at these high level. Tried but, buyers step in on the dips.
It'll be an upmarket today on no negative news; maybe when S&P500 nears 1290-1300 we'll see profit taking. (Need a pullback coming soon?)
Another trivia - there hasn't been 4 consecutive January S&P500 negative returns. January 2008-2010 were all negative return months. Still early in January, but 1/2011 might turn out positive, for a change.