Remark on Canadian S&P/TSX, Oct 2, 2010

Canadian S&p/TSX short term resistance 12500, after break through, will go to 13000,
in between it may test low point 12000.
The reason is:
1) Asian growth will boost the oil and copper price.
2) Inflation will push the stock and gold price.
3) Too much cash outside the stock.
4) There always year end rally at the end of year.

I estimate the S&P/TSX will sit between 12500-1300 at the end of this year. Let's see!
Today S&P/TSX (live)