as I must say that many of them are quite entertaining.
For what it's worth, the market is definitely schizophrenic right now, as we all have been witnessing the past several months. The slightest hint of anything positive or negative can send the entire market into a frenzy in either direction (example: Geithner's comments today!)
I've been a trader in the market for a number of years, and for me, trading the market and following the trend line makes a great deal of sense. People should not be afraid to lock in profits when possible, as the day-traders and short-term traders are making a killing off this volatile market.
Personally, I feel the market is on an uptrend, but, there's no question that the trend line will stay on a jagged path - riding the waves short term should reap rewards. In the long, long term I do believe the market is headed higher from here, and maintaining some long positions just might make sense. What I'm getting at is, reserve some capital to play the market right now, follow the trend line, and make some money!