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How Much Higher?

I've been on the road for a while. A combination of exciting WMI business...next level stuff....to due diligence for WMI m2/m3 conferences, and of course for the VRA. As I've been writing, Dow 10,000 was a certainty, and it doe ...

Posted On October 21, 20093 MIN Read
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I've been on the road for a while. A combination of exciting WMI business...next level stuff....to due diligence for WMI m2/m3 conferences, and of course for the VRA.

As I've been writing, Dow 10,000 was a certainty, and it doesn't look like this rally is close to being over. There is simply too much strength in the primary leadership....the techs and financials. How much higher can this rally take us? Quite possibly to 10500 or even 11000. Folks, with interest rates at essentially zero, and with the 30 year Treasury paying not even 4%, money managers around the globe MUST chase performance...or risk losing their jobs. On top of this, the next 5-6 months are historically the best time to be invested in stocks....in fact over 90% of all market gains occur during this time frame.

As I've been saying since the March lows, fighting the tape and fighting the FED is almost always a losing battle. This bear market rally is truly one for the record books, and it will end....but not for a ...

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