Bears didn’t stand a chance yesterday after DaBoyz finished smoking out sellers on relatively light volume before the opening bell.  The sellers pounded on first-hour lows till around mid-morning, but it was with light ammo that was incapable of inflicting much damage. Exhausted and out of bullets, bears turned tale and ran as DaBoyz applied the obligatory short-squeeze. Thereafter, stocks recouped half the day’s considerable losses in the space  of 15 minutes, then mopped up with a finishing stoke  that left the futures more or less unchanged on the day.  With zero real bulls to buy this market higher, and bears presumably spent for the moment, we might expect stocks to chop aimlessly sideways as the week draws to a close.  However, structural resistance above the week’s highs around 1112 looks practically non-existent, so don’t be surprised if there’s an attempt to run ’em.