Reply #46: 1:31 EST numbers and (must read to believe) blather

[UpInArms]

Dow 10,158.50 +59.87 (+0.59%)
Nasdaq 1,853.11 +16.22 (+0.88%)
S&P 500 1,102.15 +5.96 (+0.54%)
10-Yr Bond 4.258% -0.025

1:30PM: The rally effort continues to gain steam as the averages remain on a trek of new highs... Since 12 ET, the Dow, Nasdaq, and S&P 500 have zoomed higher by 70, 16, and 7 points, respectively... The participation of most influential sectors and the bullish breadth figures have drawn in more buyers, but it is important to note that volume has remained light on the uptick... Volume at the Nasdaq, specifically, has run just ahead of its levels on Monday, which marked the lowest day of the year...

As a result, investors may not want to read too much into this advance, and note that it could merely be a reaction to the almost 2% dip in the price of crude oil (now at $44.45/bbl)...NYSE Adv/Dec 2136/1060, Nasdaq Adv/Dec 1804/1115

OMG - has sanity come into the "pen"?