Up To The Edge for Stocks

Stocks have twice gone right to the edge during this trading session. Once overnight, prices went to the previous high of about 1038 that we reached last week. Then, we pulled back. Then, during the past half hour, we once again walked to the edge of the same price level, then pulling back. With the government intervening in the financial markets in a direct manner never before seen, it is probably only a matter of time before we break out to a new high.