Rally to resume next week.......

Politicians are pretty much out of the picture as they are given a task of  "do nothing mandate"

Indices should resume their march towards higher highs.

S&P 500 should be able to cross 1448 easily....

Next target is to take out 1464 then 1474.......

Early new year should be able to get close to 1500......

TAPE has been extremely resilient as witnessed on Friday.

World economy has resurrected itself from worldwide slowdown.....

China is showing a gradual uptick in their economy.

India has given itself lowest target of GDP growth in many years.

US & Canadian economy should hit 3% GDP growth by year end.

As year end is here, it is important to look back & see where we all have made trading mistakes. Last day of trading for 2012 is 24th for Canada & 27th for US........

Looking @ 2013, commodities may be in vogue, they are already showing nice TAPE action.

Gold has been lagging badly, but it may show some life soon.

Oil has been weak & is expected to be weak in 2013.

SO...there is lot to do in next few days in terms of closing 2012 & planning 2013 with more experience.

Good luck with your strategy for 2013.

BLOG does NOT give buy or sell.

Saleem

PS...this BLOG was done early, as i will be tied up with close family.