Resteemed, upvoted. In agreement with your analysis. You could've mentioned the current US$ collapse. The Dow, gold & much else still priced in US$. Lower US$ is probably the fuel lifting the Dow into stratosphere right now. Global companies trading in other currencies stand to gain most as US$ plunges. So yes, 28000 may be on the cards.
Interesting too that gold, silver priced in US$ still aren't moving as high as they should. Evidence of continued suppression? Did you notice weird jerks on stock and metal price charts on 1st-2nd August? Gold & silver were knocked down from VERY CRITICAL chart levels. Looks to me like a fierce battle going on between "deep pool" Exchange Stabilization Fund - attempting to keep a lid on gold & silver - and slowly building realisation about what's been going on prompting more people to move into gold & silver. Huge potential remains for a big rush out of US$ into alternatives, especially with the pending debt-ceiling fiasco looming yet again.
Keep on it maneco64... good job you're doing... especially as MSM shirk their duty & are headed towards dereliction of their "4th estate" position. BooBCups BBC continue to flaunt their distractions to keep public eyes off the main events. And today we have BoE chinwag - methinks they gonna surprise sleeping markets with a token 0.25% rate hike. I look forward to you covering that. - ed4ward