As much as think its all a sham, I don;t beleive in a major correction now.
The players, GS, et al, are going to do everything to keep the govt off their backs.
As long as they do and are allowed to funnel their govt money into the market and the market stays up, the perception of things being okay hold and and we limp along....then there is less chance of getting hammered with regulation, etc from the govt.
These guys besides being in cahoots, will do anything to keep the spotlight off them and on other issues.
Nothing better than DOW 10k-11k....no one screaming about their 401ks, healthcare can be forefront, and as for jobs...thats a govt problem for the govt to figure out becuase the market is "healthy."