chart, page-72

DJI continues its merry way.

It will probably test 14000 soon enough, but how much of the recent rise was already in anticipation of QE3?

Does this mean we have already seen much of the impact or will the markets react confidently to the fed's ongoing commitment to keep buying?


Either way, the conditions are great for NWE to blow them away. The SP is edging in the right direction. I'd like to see 8's before an announcement on the Kockatea and then a commitment to let it flowwww.