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Stops? How quaint.
It seems no suggestion of weakness no matter how subtle can exist because it may begin to unravel the already fragile consumer confidence. They don't want to enter the weekend or a holiday with a bad market. While I think the market is way to high and distorted it is difficult to time a top. More on the reason for bears to be cautious in the article below.
http://brucewilds.blogspot.com/2014/04/bears-have-little-reason-for-conf...
Meh, shit happens. As long as the greens are bigger than the reds, you're golden.
Willem Dafoe called....he's looking for his residuals
Smart traders don't use stops.
Exactly. ;-)