sp'60min
Summary
Well, its the end of another 'difficult week' for those in bear land.
With the R2K well into historic territory, there seems little reason why the sp' won't be trading in the 1700s within a few days.
Unquestionably, the Bernanke..and the Fed are playing this market..literally word by word. It is probably something to consider, in that this situation could continue for some years to come.
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*I am long Oil, and will seek an exit ahead of the weekend.
Broadly speaking, I see general upside, at least into early August, and considering 'everything' out there, even a Sept/Oct pull back will arguably just lead to another ramp into year end/spring 2014.
How long until CNBC have a little box in the corner of their screen, counting down to sp'2000 ?
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Good wishes for Friday