GERMAN STOCKS

GERMAN STOCKS ADVANCE TO 13 MONTH HIGH

Bloomberg reported todsay the German stocks advanced to a 13 month high "amid mounting optimism that the top constitutional court will rule tomorrow in favor of the country's participation in the bail-out fund. As you can see the Dax index powered its way through the top made recently and now its the top at 7514.6 made April 29, 2011 which the market has in its sights...the index is overbought 100 on the Investrac overbought/oversold indicator but who knows how long it can stay overbought.