The market's run out of steam.

She's a mess. Madge has reinvented herself so many times she's run out of steam.

When everybody is euphoric it's usually a sign that the market is about to run out of steam.

The (European) markets on Wednesday are buoyed by some fantastically good figures from SAP, which have come on the back of things improving in New York and then that was followed through this morning by some very good (technology) performances in Tokyo.

The market has a very strong undertone to it and would seem reluctant to surrender too much of its recent gains. Very strong and robust turnover yesterday ventures to suggest some serious commitment to the market place.

We are still breaking new highs, but I think we are starting to run out of steam.