Today's gap up seals the deal. The pullback is over. We are going back to at least 1340 by next week. I would buy any morning dip but I doubt there will be one of any size because the fund managers are underperforming and need to get in to this market.
Expecting a run up into the nonfarm payrolls number tomorrow and a big beat of consensus Friday and another gap up.
Thursday, March 3, 2011
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