Reality is that Greece is already burning, and Democrats & Repuplicans are already disagreeing. All of this is known, yet we still rally. Ultimate definition of a bull market - when bad news is ignored and stocks climb. THe reciprocal also applies
J203 can also improve maybe to as much as 31500 as October comes into view, this on grand old Bennish sentiment alone and in its purest purile form. Then we have a better looking nose on the chart, that being a classic humpback whale, otherwise known as a flying pig.
The same applies to the JSE All Share index (30514): the index has moved by 46558 points on a daily close to daily close basis and this was exceeded only in 2008 when the index moved by a total of 62377. In the case of both the Dow Jones Industrial and JSE All Share, the total movement for the year-to-date is some 50% more than the current level of the underlying average or index ( extract from another post) and who care if the market never moves again on a yearly basis if we can have this kind of fun in range bound market