Quote from QdzResurrection:
I don't know about you. But I've fully committed to a rally to new highS. Not a bounce, that is a wrong word to use in the current situation. Here is a perfect entry point for those who hasn't taken advantage of the bull market in the past 8 months. The benefit is extraordinary 100% up room to go. It is up to you. It is your decision. If you make the right choice, see you in a year when President Bush is reelected or kicked out of the White House. Then sell at that time regardless. Good luck.
I am in the same camp as you Qdz. Although not quite as bullish. I feel in my gut that the market makes at least one more assault on DJI 10000 & NAZ 2000. Now I am not saying that the market closes above those levels but they might touch them once before the new year. I do agree with you that there are tons of stocks that have been sitting at the 22 & 50 ma's and are just waiting to launch. QQQ, SPY, MCD, MOT, ACF & CY are a few that come to mind. Good Fortune all.