George overall I agree with your outlook...at 8640 Dow we'll be up 20% and the CNBC puppets will be claiming we're in a new BULL which will serve to suck in the lemmings/retail laggards thus that should take us up to about 9k or so. I wont short this market until some objective topping takes place. These straight up short covering moves that had any thrust gave plenty of warning when they were topping out on the charts...e.g. double tops, etc. QLGC shorts are in a box here once again with the MSFT news...last trade on Island 38.50...what a stock rocket!
George: Both Kudlow/Cramer in CNBC Fri night said there will be a panic buying next week and two guests (one from Sonic Capitals & one from ?? investment) also said that Fed needs to cut rates on Wed for the market to move forward and the bottom was in July and tested in early Oct. This looking beyond the valley is also echoed by Wall Street Week guests too. I think that we may break 1427 by next weekend.
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