AAII sentiment index is at 71% Time to hit the short button. yawn.

Lets see if the Nasdaq can close below 2500 and the S&P 500 below 1450. This might give some strength to the bears. But as usual the bears tend to over play their hand , get burned and run for cover pushing the indices to record highs. Will it play out again or will we get a meaningful retreat ? I guess the days ahead will tell.