Correct me if I'm wrong, please; but it seems to me I read somewhere that when utilities are doing very well it indicates a market top. If so, look how utilities are going...
BTW, agree with you that we are on the brink of a big drop that will be more than just a few days. Can't believe BAC is up after announcing additional dilution yesterday. Don't you love it when one loser bank upgrades another?:)
GS controls the world so well, it is not "don't fight the Fed" any longer. There is not a Golden Rule, it's "Goldman Rules!" or "Goldman Sachs makes the rules and plays the game" or......