friend of yours? <g>
On Course for 10,000 and Beyond...The market has stayed in a range, in my view, with an upward bias which should propel us through Dow 10,000 and on our way to 11,000.
and check this razor sharp analysis <s>
It appears we possess the right balance between economic indicators, absence of inflation and the ability of stocks to rise. Obviously, the spiral is not going to include all stocks. We have discussed how the market breaks down into three pieces. To start, there are the select 150 equities. Next, there are equities that are in the right sector but are small-cap and not readily distinguishable. Finally, there are the commodity product companies that are simply not able to make any forward momentum such as papers, chemicals, steels etc. The big consolidating stories such as Exxon (XON-Not Rated-$71 9/16) and International Paper (IP-Not Rated-$44 1/4) should play out fine but afterward it becomes quite difficult.
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