As I have pointed out endlessly, the market will only tank when Goldman Sachs says it should. Granted, the market is overvalued by about fifty percent, but stocks are worth what people are willing to pay, and they are willing to pay a lot more now than five to fifty years ago. We have come to a new age where Price to Earnings does not mean squat to investors. After all most of them are just putting their money into mutual funds at work, and they do not have any idea what technical analysis is needed to make for a wise investment. They hope the mutual fund managers do. Now, the mutual fund managers are putting money in stocks that have outrageous price to earnings ratios because the money keeps on coming. If the MFMs have to put the money into Dow Jones stocks they have NO choice. They Have to. Just so they do not look stupid as fund managers, Goldman Sachs manipulates the whole market up for their benefit (and Goldman Sachs benefit, too.) When it is time for Goldman Sachs to manipulate the whole market down for their benefit, they will do so, too. Will Washington dispose of Goldman Sachs before that happens? Stay tuned, but don't hold your breath.