4:26 pm PST. The reason I am still bullish on the Dow is because to me, financials still look like they have a fifth wave up into May. This makes me bearish on treasuries, bearish on the Euro, bearish gold and silver, and bullish the dollar, U.S. indices, and financials for now. General sentiment in the public is very bullish on the stock market which makes sentiment ripe for a wave (5). Just when a euphoric public thinks the market is going to continue on forever in a vertical line, the market makers are going to take the market down and it is probably going to correct for months, chopping back and forth, back and forth, back and forth, until it makes people sea sick and shakes most people out calling for a crash again. That is when the market will rise again, probably around August/September when the market makers return from vacation.