The wicked volatility of the last six weeks has grown increasingly tiresome, besides having made it nearly impossible to stick with a long or short position.  My gut feeling is that the gratuitous hysteria will resolve to the upside with a move to new record highs. That’s not as bullish as it sounds, however, since in my estimation there’s a good chance the rally will prove to be a bull trap. For the time being, though, short-term indicators are bullish and could offer DaBoyz an opportunity to set the hook on Friday for a short-squeeze that would spill into next week. ________ UPDATE (5:44 p.m): DaBoyz did no such thing — could barely even rally the broad averages even though two lunatic-stock bellwethers, Google and Amazon, were screaming, and Apple, the world most valuable company, was buoyant. As January draws to a close, it’s becoming increasingly clear that something is troubling the stock market.