[Cagey]

We are in uncharted territory...

That we are. There were a few solid and better than expected earnings reports in today and that helped. Wall Street has known for some time now that Congress was going to back the President, so I think that had nothing to do with the recent upward movement.

Those who have converted to cash recently may be getting a little antsy now and think about getting back in perhaps. We'll see soon enough.

[rohry]

"There were a few solid and better than expected earnings reports in today and that helped."

Have you researched these reports? Most of the current reports are not done by Generally Accepted (accounting) Principles. They exclude the "one time only" charges (which are occuring every quarter) to achieve their "better than expected earnings."