Charts 4-03-09
last night’s weekly AAII poll shows bullishness has been rising with the rally, and is now at 42.7%, while bearishness has fallen to 37%. (the balance are neutral)... 55% always marks major tops!.....Closing tick +1294 ... +1450 last 2 days! Indicates a significant decline imminent within the next 2 trading sessions! New highs 12! note the new highs has not expanded as you would think!
Yes we are definitely overbought here- So Kool I guess you looking for a intermediate term top around 870 area
Longer term i would favor higher ,Palmer
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