Yesterday’s dog-and-pony show stalled a tad shy of our 1273.75 rally target, denying us the opportunity to short the relapse that followed. Today, I’ve prepared a chart intended to stretch your intermediate-term imagination.  It shows a rally pattern projecting to 1356.00, the equivalent of a 700-point upthrust in the Dow. I don’t often pair such grotesquely elongated AB/CD segments in arriving at a price objective, but one could argue that the relentless but unspectacular rise of the market since September is exactly the kind of price action we should expect with processor-driven machines doing 90 percent of the trading.