The US stock market is still strong, internally

of course, in favor of bulls.

• China's Shanghai index jumps more than 1.5% yesterday.
• The US dollar jumps, however, the world financial market don't care. 
• Feb natural gas contract pushed to fresh highs of $5.91 
• Oil is still around $79
• The US treasure bonds continue to climb up
• The US 30-year fixed mortgage also jumps

All of the above observations pointed to a stock market correction in US, yet, the market still holds well. For example, S&P 500 is still above 1100.


Therefore, the US stock market is still strong,and S&P 500 will hit 1200 sometime in 2010.

Cheers !