Extending the Rally

Markets added to the tremendous gains from last week. After all was said and done, the gains were modest, but it was nice to see the addition. Jack Albin of Harris Private Bank in Chicago said, "Just tell me how oil is going to move on any given day, and I'll tell you how the stock market is going to go." I'm with you, Jack! Oil dropped to below $115 per barrel today, despite the Russian/Georgian conflict. Gold also pulled back, ending at $821.50 per ounce. I'm waiting for the Dow to cross back over 12,000 and the NASDAQ to ease over 2500 again. DJIA +48.03 (11782.35) NASDAQ +25.85 (2439.95) S&P 500 +9.00 (1305.32)