folks, not sure whether I understand the concerns. Sure, markets can always behave irrationally, and some day even this classical example for a beautiful uptrend will end. However - so far I don't see any hint that this some day might be now: We have still an unbroken uptrend with the SP just slightly retreating towards the MA50 (as it did various times before in the last 6 months - actually in May it was even below the MA 50 and the world didn't end).
Just wait for the end of year data and the dividend announcement - this will put some fire back under the SP.
What is the perceived problem?
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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