The futures hit 1251.25 intraday which is almost exactly what we suggested they would do. And of course it was done on very thin volumes.
Signs of economic recovery? Perhaps. Look around you, and decide for yourself.
Personally this seems much more like typical year end painting of the tape to optimize the bonuses of fund managers and to promote the perception management of the people by the professional politicians. All of this, of course, fueled by liquidity from the monied interests in the banking cartel.
If it is, then this will end badly, as it has done several times before.
