Markets Poised

In my opinion-and you can check the charts, the plunge protection team in the US, is busy busy busy and yet again in the final hour or so they buy the market to the Moon. Obama wants the kitchen sink thrown at the market to deflect from the parlous state of the US. DOW over 8000 will they hope sucker in the mug punters and the algo traders.
I'd buy the markets if the real economy wasn't looking so dire, and not just anecdotally. I mean dire!
House prices we're told 1 minute are bouncing back,then Halifax says they are down. With 40-50 thousand repo's in the mix, it cannot possibly make sense to say house prices are rising, and compared to long term norms houses are still 20% overpriced.
Cherry picking data is what the sales people do, that's why you cannot trade on fundamentals-current markets 20%+ rise is testimony to that.
I don't mind being wrong- that just happens in trading, but I do object to the whopping great lies being trotted out.
As usual the old adage 'sell in May go away come back on St. Ledgers day' will hold good- not because the markets drop as such but trading is thinner and more volatile.
Happy trading, don't be too gloomy.