With the low volume in the equity and futures markets, I find it hard to trust much of anything we're seeing here. Right now, any decent-sized player can walk into the S&P futures pit with $150 million and light up mlsoft's PPT watch list like a July Fourth fireworks show. It's surreal to see how effortless the rally has been since 1:30 p.m. yesterday. It's a great environment for trading, but I'm sure not inclined to wait around too long before taking profits!
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