While the short and long term market trends remain up, one reason for caution is the extreme bullish sentiment. The Investors Intelligence poll now shows 58.8% bulls and only 20.;6% bears. Readings close to 60% bullish often occur near market tops. When I got back into the market last September, there were less than 30% bulls, and this statistic made me confident of my wading back in on the long side. So, we are probably close to at least a minor top. The key is to wait for a definitive signal. Break downs in some leading stocks have already occurred, as seen in CMG, BIDU and NFLX. When AAPL finally cracks I will be expecting a market decline. For now, with the GMI and GMI-R at their maximum levels, I remain long. One RWB stock at all-time highs is ODFL. Note that all of the short term weekly averages (red lines) are well above the rising longer term averages (blue lines).