Rally for Stocks?

We've had a breakout of a Head and Shoulders bottom on SPY.
I'm looking for a move up to previous highs. Barring some
political - economic - terrorist shock.

PIMCO

Tuesday's Wall Street Journal reported that the PIMCO Total Return Fund cut its U.S. government related holdings practically in half. From 63% to 36%. Does Bill Gross, the fund manager, see a bond bubble? That seems like a huge cut back to me? Any ideas out there?

Cotton

On Monday, Cotton reached a 15 year high.
What a nice trend that has been. Up 33%
this year. Compare that to a basically flat
year, so far, for the Dow.
Get in Commodities

Gold Demand

From the site

http://www.research.gold.org/supply_demand/

Total Gold demand in Q2, 2010 rose by 36%

Investment demand rose 118% from Q2 '09 to Q2 '10.

Industrial demand rose 14%.