What's next?

It is said that the stock market climbs a wall of worry. That is in part because the participants are looking and remembering back to the last bad event that happened and worrying that it may happen again. I think that has been the theme of the last 3 years. Worrying that the credit bubble will continue to implode and what "Lehman-like" events are lurking. The good thing about worry is that it prompts action to avoid the same bad events that cause the worry.
The Euro/Greece thing seems to have been put behind for now. Even the ISDA announcement of a "credit event" did not make for more than a blip last Friday afternoon. From a tape perspective the selling on the ISDA announcement started as the news was being broadcast and only amounted to a few S&P points. It did appear that the selling was being absorbed by equal buying, leading me to believe that there is still big money that is trying to get into the U.S. stock markets. We'll see....Although inflation will start to rear it head if the economic numbers keep improving. And the specter of higher interest rates....
Some charts:

I included MolyCorp . Bought some  on Thurs. and this was the move on Fri. This is the result of watching the intraday action and how their appeared to be accumulation over the last few days. It just "acted right". I did not know what, if anything was going to happen. It just acted right. ie, Somebody knew!!
A very bullish daily move.
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