THE WORLD IS NO LONGER ENDING!

One good Spanish bill auction today and a dollar selloff has the risk crowd concluding that all has been solved (at least for today). The dow is up 280 as of this post...the nasdaq is up 72..and mlps are up 3.50. MLPS are actually now within 3% of new all time highs. The index is at 378 and needs only to get to 390. If the year end pile on continues we could get there before the month is done. So much for the Hindenburg Omen which did not give another signal today (at least so far).

Going to be doing pre Christmas errands so will post updates when i can. The Euro has pulled back from its high of the day so keep an eye on this to see if it brings in sellers later today.