Markets and Economy and these earnings. I said we could have a 200 point rise as early as this week. You better get ready for even more. When you look at all the puts being bought on the Indexes, the number of shorts held by hedgers who cannot stay short much longer, together with the low rates, you could have a move of monumental proportions. All the people who lost and got out, then watched and sat in money markets at 0% will combine with the shorts. Watch out above. BofA economists are talking a 1,000 point rally.

Many investors now realize that it wasn't them that made money in the bull market...it was the market! Realizing they had confused a bull market with brains, they are now reacting too late for the really big move. Now they will jump in. Get ready and don't get scared about this. Watch your numbers and only your numbers. Many of us get scared of success. Don't think about money. Just numbers. The old high of 11,000 may be challenged. And very very soon.

The main risk? The political risk of raising taxes.