The Dow Jones Industrial Average:

The Dow Jones Industrial Average closed Monday at 8,351.10 up 147.69 points. The Dow Jones Industrial Average and the overall market continues to benefit from positive developments with the war in Iraq. As the war winds down the market should begin to stabilize. I am looking for the focus on the market to begin shift to the economy. I am not expecting sudden surprises in the market unless there is unexpected violence in Iraq or unless the conflict escalates outsideof Iraq. The Bottom Line: The Dow Jones Industrial Average should continue to move higher.

Today's Opinion: Closed @ 8,351.10 Current Expectations: Called Higher on April 14th, with the close @ 8,351.10 The Index should move higher and test 8,521.97

The S&P 500 closed Monday at 885.23 up 16.23 points. The S&P 500 moved sharply higher, due to the positive news from Iraq. I am expecting the S&P 500 to continue to move higher and test 895.90 on a closing basis.

Today's Opinion: Closed @ 885.23 Current Expections: Called higher with the close of 885.23 on April 14th. The market should continue to move higher and test 895.90 on a closing basis.

The NASDAQ 100 Index closed Monday @ 1,048.31 up 22.16 points. The index still appears to be in a slight downward trend, but our indicators are pointing higher. Therefore I am expecting the NDX to continue to move higher and finish filling the gap when the NDX gapped lower on March 24th from the previous day's close of 1,093.12 From there it appears the NDX will be at the upper end of the trading range that has developed this year. From there it is not clear what the NDX will do, but we should find out soon.

Current Opinion: Closed @ 1,048.31 Current Expectations: Called Higher with the close on April 14th @ 1,048.31. The NDX should move higher and test 1,093.12 on a closing basis.