Apparently the market CAN go up every single day. The Wilshire 5000 closed today at 12,134.20, now 12.14% above it's 200-day moving average.
The VIX (Volatility Index) closed today at 16.62, a level that hasn't been seen since sometime in 2008 according to the chart I looked at.
As I have been saying for a while now, I think the market is near-term overbought, and we are looking at some type of short-term correction. However, I could very well see this rally extend through the end of the quarter next Friday. Buckle your seat belts.
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