Technicals now in play.

For you chartists out there it looks like the S&P has formed a double bottom and it looks like it wants to break through the 200 day moving average. Technicians love to point out this powerful chart pattern. What I personally would like to see is a prolonged continuation of stability in the markets with normal ebbs and flows. I think that type of action would bring the confidence into the market so that the funds that have been sitting on the sidelines will begin to put their money to work.

Continued success!