Bull Markets

Are boring.  Little volatility, little volume, narrow ranges.  Get used to it.  Despite that, we've had somewhat bigger ranges the last few days, it just happens to be concentrated in the first hour of the day.  The economy is getting better, don't get fooled by housing, it is not the be all and end all for the economy.  The cheap dollar and stimulus are still propelling this market, let's not forget that we had tax cut extensions and Social Security tax cuts last fall, which apply this year.    It will be a healthy fiscal boost along with Bernanke's endless QE.  That is happening to a recovering economy.  It is like adding additional plutonium to a nuclear bomb.  1400 is within reach by summer time.