Zeev, what would it take to take off your 'teddy' bear suit for a 'grizzly' bear one? I have many indicators lining up for this to be an "IT" top. In other words, this cycle of the bear is not complete.
It has to do with 5 days of +1000 TICK with a market going nowhere in that span, the equity P/C, the bull/bear surverys, the crappy internals and various bearish chart patterns running into strong resistance on may key stocks/indices.
Unless bearishness returns in abundance on the next pullback (which I think will be deep in any event), I can't see another leg up here, next year or whenever.
Like I said, what would it take for you go grizzly?