Strong move by the markets, looks like our bull is still alive and kicking! I'm inclined to think we'll have strong buying through the end of the year given the action of the past two weeks. I'm guessing, the mo-mo and paid to play crowd are going to push the indices higher as the "ramp the year end" is the most likely outcome (IMO).
My bullish thesis is based on several technical indicators and specifically looking at the work done by LOWRY (who looks at the internal market plumbing). Based on that, demand is still strong, indicating a continued run.
This is good news for CTIX as the appetite for risk will be strong. I think Leo will have a decent window to work in before the effects of the ending of QE3 are felt. I still don't see how this all doesn't end badly but I'm more than willing to benefit from short term patterns. That said, my long term view is still very cautious.
CTIX might just take off given the right news.