The rally looks bound for at least 9105, or perhaps 9138, since it has already exceeded the 8935 midpoint associated with the latter number, a Hidden Pivot. However, if 9105 were to be exceeded on a closing basis for two consecutive days, we’d be looking at a possible nuclear detonation capable of blowing the Indoos all the way up to Kingdom Come: 10011. Stranger things have happened on Wall Street — or perhaps not — but there’s no point in trying to look at it rationally. Some attributed yesterday’s thrust to the mildly bullish outlook espoused by Bob Farrell in a conference call yesterday to Merrill’s brokers. He thinks that recent lows near 7900 could hold for a while, and although we disagree, anything that Bob Farrell says will always deserve the benefit of the doubt.