The market now reminds me of 2003 when all the volatility of the market disappeared, and the market climbed to what seemed forever. Bad news for bears and swing-traders.
Looks like Fwannie & Fweddie are the next targets of the FED to re-inflate. They won't be happy till the banks are remunerated 100% for their losses at taxpayer expense.
A friend told me he made $8K last year, just riding up dividend-paying utility stocks and dumping them once the dividend was paid (kept taking his money off the table).