Markets are due for a strong correction... this upside was fake and only liquidity driven, nothing more. Fundamentaly this market is broken and nothing is fixed.
We have a market use to central bankers intervention and this is bad, very bad, because central bankers turn market addicted to easy money.
If you don´t like to short the market, please stay away from it because things will get ugly.
Example of one of the elephants in the room:
http://globaleconomicanalysis.blogspot.pt/2012/04/inconsistencies-in-spains-budget.html
Week Ahead: NIFTY May Stay Tentative; Look For Stocks With Strong Relative
Strength
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The week that went by was in stark contrast to the week before that, as the
markets remained in an extremely narrow range before closing with modest
gains....
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