My gut and my brain are pulling in opposite directions right now with respect to my outlook for stocks, but there’s no denying that a 14969 rally target for the Dow Industrials that I disseminated a while back is looking increasingly likely to be achieved. See the INDU tout and chart for a compelling picture. We’ll monitor price activity for a signs of a top at current levels nonetheless, since we’ve got a target for the S&P 500 that seems all but certain to show some stopping power.