The path of least resistance is upward. Right now, the market isn't particularly expensive, and, for the most part, the fundamentals have been pretty good. Interest rates remain low.
~Jacob Gottlieb, chief investment officer of Visium Asset Management,"Money Managers are Cautiously Bullish", Barron's.com, April 23, 2011
("In keeping with that forecast, Gottlieb expects the industrials to clear 14,000, and the S&P 1550, by the middle of next year.")