Is the current low volatility and low volume a calm before a sell off?

I'm actually pretty bullish on the economy long term, but I feel like it is at levels too high for current circumstances. The high p/e and tapering of gov. interventions is not too good. I see the Dow dropping to 1600, and at most dropping to 1540 in the next few weeks. Nasdaq kind of had its sell off last month so I don't see it dropping too hard either.

Submitted May 30, 2014 at 12:20PM by notevenfinalform http://ift.tt/1tXmWOu