DOW Hits 12,000 Mark on Greek Debt Resolution: Q & A - Yahoo! NewsWhy is today's move different from other up and down market fluctuations?
An S&P above 1230 at the end of the month is a good sign. But stock market traders say that an S&P 1275 level would be even better because that's what people who chart the markets say is the "200 day moving average." Typically, breaking out of the 200-day old pattern on the up side leads investors to believe there will be more gains ahead.