Sentiment in the indicators I follow are very bearish, which is not typical of market tops. Typically they are made when sentiment indicators are very bullish. It is for this reason that I think this run is going to continue for a bit. There are other reasons that are more detailed, but I have alluded to them in other posts in here. The collapse of the bond market is the only fly in the ointment right now, and that is a significant influence on stock prices. However, these divergences sometimes carry on for a few months before bringing things down.
I am just beating a dead horse in here, because so many people here just want a tragedy in everything. I will not post anymore on this subject. My conscience is clear because I have tried to educate people in here on some of these things, yet too many people do not want to listen.
