Monday, January 28, 2013

MARKET IN MELT UP MODE...DOW 14500 TO 15000 IS POSSIBLE

THIS MARKET WILL NOT GO DOWN AS LONG AS PEOPLE EXPECT A PULL BACK...

THIS MARKET WILL CONTINUE TO MELT UP UNTIL EVERYONE IS CONVINCED THAT IT "ALWAYS GOES UP"....  A MARKET THAT GOES UP ON ANY NEWS IS NOT READY TO GO DOWN...

THIS IS VERY MUCH LIKE THE GREAT BUBBLES OF THE LATE 1990'S...

WE ARE NO WHERE NEAR THAT POINT NOW...MELT UP IS THE OPERATIVE NOTION...

THE DOW HAS AT LEAST ANOTHER 1000 POINTS TO GO...BEFORE ANY SERIOUS CORRECTION IS POSSIBLE...

LIKELY ANY DOWN TURN WILL NOT HAPPEN UNTIL OCTOBER 2013... 

THIS YEAR...2013 WILL BE THE GREATEST BULL RUN SINCE 1999!