Priceline to Wall Street: Toga! Toga!

With Priceline’s take-no-prisoners $60 short-squeeze yesterday, the institutional thieves and lunatics who control the stock announced that they are solidly back in command. The Dow Average was evidently feeling less ebullient, but in the end it could not resist joining the party, albeit in sober fashion.  It would appear that the 1933.25 target I’ve been drum-rolling for the E-Mini S&Ps is very much in play, implying an equivalent rally of nearly 500 points in the Dow.