On this pullback, they will try to get you in so the big institutional guys can get out. You will hear this is the pullback. Do NOT put any money into this market until the S&P can hold 1035 for at least 2 weeks.
Oddly enough, although the Feds have officially called the end to the recession, there is the opinion that once the stimulus packages have run their course, we could be headed into a double dip recession. This isn't good news to hear.
It may be time to head the GOLD! You can use GLD or IAU. There are also a few Gold ETF/ETN funds out there that can multiply your returns (i.e. DGP). You may also want to consider the GDX. It is the gold miners ETF. Everything related to gold today performed well. Eventually, all of the stimulus this market has been receiving will revive inflation. Going with gold will allow you to hedge against that. I cannot figure out for the life of me why anyone who buy the actual gold bullion. You actually have to find a place to store it and it can also end up stolen.
Seeing massive volume and strong moves on GDX. You must follow the money to make money in stocks.