Locating the Exit

Everything is rosy on the headlines.. The stock market poised for the biggest monthly gain since 1988, The RBA 'might' cut the interest rate, The authority said that housing prices are not falling in Australia, Euro zone and Greek problems are solved, US GDP increase by a lot and Pharmaxis won positive opinion for their Bronchitol in Europe (this probably only applied to its shareholders).

Then again, things just does not seems 100% right. Close at home unemployment is creeping up, some says that housing price fall are accelerating, and Greek..? Do you think their problem is solved by Euro bailout? US housing and debt problem..?

And China.. how many doubts about their health we have heard lately?  Hard landing is coming in China, warned Dr Doom, Nouriel Roubini.

Technically, it's probably we have enough market rally recently.  Heading for the exit?