By the time we get to the debt crisis in Washington you will reach your target. Currently about 80% of the stocks in the NYSE are above their 200 day moving average. Thats a lot of junky stocks now making gains. This will correct, especially the RUT as we are over extended now.
So finally we have the projected / a little more then estimated / levels , SHORTS are in .... we should hold them to the next options expirations at least ... 3rd week of February 1474/1470 is our first projection, then we will see