After a rally which found most people on sideline and surprised, the markets seems to be in correction mode. Many stocks moved too far too fast and a reaction here is not an unusual phenomenon. Everyday new set of stocks are breaking out. Many stocks are breaking out of multi year ranges e.g KO,MLHR, LNN, MSFT etc. It is possible, but unlikely such stocks would just turn tell and go back in to range. This market might have more room to run post correction.