The ECB is NOT the Fed
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Let's make the assumption that the current Great Disconnect between Main Street and Wall Street doesn't exist.
To boldly go where no man has gone before.
This is not a game of perfect, but it is a game where the better prepared & informed generally crush those who are reacting late
The Dow Jones Industrial Average's 9-day winning streak is the longest since November 1996.
We see the trading of this past week as an opportunity to add significant risk across the board.
Stocks drifted most of the day until what looks like a "Market On Close" buy program goosed the market.
Last week, we offered that an hourly S&P for February 2013 looked like a fractal of the dailies from July through October 2007.