The market is stretched and sentiment is starting to seem too rosy. Both the ISE and CBOE equity readings were showing a lot of action in calls and it seems like all the bears went into hibernation. In my opinion the chances of the market getting a whack this week are high. The first dip is usually bought by those who missed the rally so I'm not sure how much of a correction we will get. We'll cross that bridge when we get there.
It felt like holiday trading today. There were a few times I thought my internet connection was down as my quote screen was barely moving. Have a good night.