prepare to take profit

Just as I wrote a week and half ago that there were some positives in the market when S&P was down to 1000. Today, I would like to remind people that all the worries are still there. Chines property market is cooling down, government stimulus is running out, and inventory restoration is almost done. I do not believe that S&P should trade over 1120. If INTC's results are good today, I will take profits tomorrow.