I am glad to see a post from someone smart enough not to fight this uptrend in the stock market. Anyone can argue all they want about why it should or should not be happening, I would argue that it should be based on fundamentals that I follow. However, the fact is the market is in an uptrend and trying to pick the top to short is a very tough thing to do.
I do expect a decent sized retracement in the fall, August or so approximately, but not Armageddon. The dollar discussion is a different coversation entirely. We have a good downtrend, but the commercials are heavily long so a bounce could happen at any time.
