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Reached their High Water Mark . Have Housing Starts in the United States hit bottom . Has oil peaked . Have Interest Rates begun to work their way up . Do we need to cover our short positions . These questions define todays session and with the looks of it, nasdaq gains. 37 , investors are answering each of these positively. In some cases, extremely positively. For starters, this was the first day where i heard talk that the insurgents in iraq might finally have met their match. I think that the initial moves by the isis rebels, a group so crazy, it was kicked out of alqaeda for being too extreme, were so swift they took the lame Iraqi Government by surprise. The sunni dominated areas of iraq seem but now, they seem to have run into a wall of better iraqi soldiers and possibly, the United States military. Theres a coalition for you. That bigger defense, it would seem the best move for the rebels would be to consolidate their xwans unless they have serious reenforcements coming. If you

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