The dow could easily hit 10500 since the consumer is spending more lately. The little bit of good news after months of bad news often causes a rally. The problem is the Commercial and Industrial sector is just now experiencing the recession that we felt last year.
Also, the length of the recession is weighing on China.
So as the consumer finally is starting to spend, the big money making Commercial and Industrial business are just know finishing their old contracts; with little new work on the board.
Although the small business will finally do OK. The big rich guys are going to experience what we did over the last year.
When the dow hits 10500 I plan on selling 50% of the stocks I own and going short on some of the business that represent the gluttony of the boom time.