Yeah, here's the deal, though. QE ends in June. If 'they' are the only ones buying this market up in this attempt to create this illusionary wealth effect, I think it's working, but no one else is buying with them. The pros don't believe it's real - as defined by true market valuation metrics and such as was the case in 2003 where the market truly was climbing with real money behind it, not funny fed money. So, as to Fleck's point, the rally is on fumes and the second the pros sense the buying is coming to an end, the shorts are going to pound this thing, most likely setting up stops to get hit, thus creating another flash type crash even, which, as you remember in May was only the beginning of the decline.
Now that will most likely set up a big protracted decline into Aug/Sep, thus setting up another QE? If so, go long on margin!