Dude, RSI almost 80 which is extremely overbought territory. It won't stay this high very long. Stock may go to 50 in 2011 as the FED stays at "emergency levels" as all this liquidity sloshing around creates another stock market bubble but not straight up.
Metals normally rally Q4 and go down in Q1. My guess a little more puff up then down. We probably get a pretty good correction after the first week in Jan. especially fro metals. Then short AA/X/NUE/etc. Markets just way way overbought and valuations for many are stretched to the gills.imho
The downside to all this liquidity is commodity prices rising. Costs are jumping for all manufactures and with OIL now up to 91 the costs are rocketing for making ALU amongst other products. The FED is creating another monster!!