Some of the sectors that have gone so far like miners and the oil stocks are due to come back a little, and it doesn't take much in those big sectors to take the index down.
We've got triple witching tomorrow. There's probably a good chance that we've got a few more days of momentum. The market wants to test the 6,000 level, it may well break through it short term.
It's incredible momentum. The market just seems to have taken up from where it left off in 2005 with a lot of cash washing around from all the bids going on and a lot of bid speculation still about.
It has been struggling either side of 6,000 for a few days now but it's been a fantastic first quarter. We've had a good run, buoyed up with a combination of takeover hopes and strong commodity prices.
The market has had an extremely good run since October and it was due a pause and a bit of profit-taking. I would not be surprised if we get a little bit more.