10am update - a new set of highs

The main indexes open higher..with Dow 16k, and sp'1800s. The Nasdaq Comp' looks set to follow with the big 4k. Does anyone still dare contest we won't 'broadly rally' into spring 2014? Bulls have the Fed throwing another $5-6bn today at the US capital markets.


sp'weekly8

Summary

The above outlook, which I've been posting for some months looks very much on track.

Certainly, the sp'1900s do not look viable by year end, but..does it matter?
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The notion of a significant sell down between now and year end is simply.........nonsense.
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10.40am.. the momo stocks are having issues..more on that...coming up..

Regardless...main market is fine...propped up by a double QE.