Raise Your Forks?

This market is tired of lugging the bad credit story and the gamed numbers that every earnings report seems to bring. Whether the "liquidity tsunami" as it has been called can save the bull run will be of great interest. The market will fight to make a bottom next week after the friendlies trot out the "nothing has changed" overview. They may be right but todays action is coming off a recent new high, not a lengthy pullback. This type of market rejection creates willing sellers on decent rallies. Models have moved from pointing south to rotational.