Cyber Monday to push indices to new highs.....

Thanksgiving & Black Friday online sales were UP 17.3%, this bodes well for Cyber Monday Sales.

I expect Cyber Monday sales to establish new all time record.

News of retail & online sales should give boost to positive mood on Wall Street.

There is a rush to allocate funds to equities to boost year end performance.

Shorts have not given up on their strategy, their current short allocation is UP 2.3% year over year.

Nasdaq is @ 4059.89 which is highest level since 2000.

RSI in Nasdaq is @ 70.11 which is slightly below recent high of 75 area.....

Indices should make new highs before taking a well deserve rest to gather its strength.

December is expected to be strong......

It is wise to "stay the course"

Any pullback is expected to be short lived.

Weakness to be bought as TAPE is broadening to laggards.

Friday's jobs report may be the catalyst for consolidation.

Booking profit ahead of jobs report may not be a bad idea.

Good luck with your strategy.

BLOG does NOT give buy or sell.

Saleem