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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (25492)10/6/2011 3:32:38 PM
From: GROUND ZERO™1 Recommendation  Respond to of 221975
 
It could back off tomorrow, it's Friday and we can expect to see some Friday profit taking, but I suspect it will only be a pause before we see 1200 overrun... next week begins earnings season, and these companies are flush with liquid cash, there will be many upside surprises to fuel this rally further, much further... also, the more it becomes apparent that odumbo will not get re-elected, the more likely the economy will turn around, people will begin to regain confidence and begin to spend once again... I think this is what the markets are saying right now...

GZ