Why we do not learn that we never learn?

It is just a continuous  Back & Fill ( up impulsive -or steady in absence of news- and break back of  max 10/15 ticks );so   only thing to do is buy every single weakness.  A rise north of 11 weeks with no relevant correction is about too much? Time will tell.Structure is overextended anyhow.
It does remember me  2005, after October 14th. Caveat:  all through the 8 months untill summer was a disastrous choppy rise. sustained by Istituitionals.
Now this future has a very  steep slope, angularity is 58° .
Too impulsive for being a firm rise to the old higs, even if streched.

• Nonetheless, a new higher high has been  done on SPH4 .
• OEX is at 4 points from the firts tgt of the correction up of August 15th 2008. 
• No doubt will react at this sensible level and maybe this will be the fighting area were we weill see a wonderful sell'off..
•  I haven't seen a serious reaction from bears on tape since November, though. 
• Will they will show up soon ?

KEY!!: The complacency around is incredible: bubbles are in nature: valuing those fly-by-night of ZYNGA 4billions USD,  FB over 40 Billions USD,  Huffinghton Post sold for more than 300 millions USD 
All this doesn't remember you a movie already seen?
I'v seen it t least 3  times in a little more than a decade. 5 since 1987.


Waiting from the great flames of the hell for this future , the direction is only north.