I'm thinking more and more that this rally has more to go before that final top to end all final tops. The $200 million man jumped in on the negative side today, and we had a nice up day. We won't be going down with him on the negative side, I don't believe. The S&P numbers for this week:
Monday: 118.72/97.54
Tuesday: 175.65/94.64
Wednesday: 111.92/155.57
The Nasdaq 100 numbers for this week (I'll show both positive and negative for a change, to show you where we are in terms of actual numbers):
Monday: 237.34/46.95
Tuesday: 239.01/42.86
Wednesday: 245.37/42.88
If you divide those numbers out for the three days, you get:
5.06, 5.58, 5.72
As I keep saying, those are numbers I've never seen before as far as the number you get when you divide it out. Since this is beyond anything I've ever seen before, who knows how high the numbers will go before we reach that final top. The record, set last week, was 6.45. And as I also said before, I'm thinking more and more that we have to go to a new all-time high in the Dow, whatever that may be, before any remaining doubters will give up and hop on board. This could take months, or it could end tomorrow.
Rob
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